AXA Investment Managers (AXA IM) has brought Pierre-Emmanuel Juillard back aboard the firm as head of an investment team aimed at developing liquid absolute return strategies.
Julliard, who will be based in Hong Kong, will form the unit during the second half through a dedicated subsidiary, according to the company. He will report to AXA IM chief executive Andrea Rossi and lead a team of approximately ten staff.
Juillard was head of structured finance for AXA IM until leaving to become a partner at Goldman Sachs. He originally joined AXA IM in 1999 as head of financial engineering and asset and liability management studies, noted the company.
AXA IM expects client demand for the new liquid alternative absolute return strategies to be strong and global in nature. "We believe that AXA IM can provide a lot of added value for investment teams that are ready to develop products that are complementary to our existing range," said Andrea Rossi, CEO of AXA IM.
"Clients are looking for sources of return without wanting to compromise on liquidity," added Juillard. "I am therefore incredibly excited to be re-joining AXA IM in order to build a platform for liquid absolute return strategies."
AXA IM managed more than €669 billion in assets at the end of 2015 from 29 offices in 21 countries. The company is part of the AXA Group, a global leader in financial protection and wealth management.
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