AXA IM buys Framlington Group for £174m

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UK - AXA Investment Managers has bought 100% of the Framlington Group for a total consideration of £174m over consolidated net asset value at completion.

The firm will be rebranded AXA Framlington, and will be headed up by Robert Kyprianou who is to take the post of CEO. Kyprianou will also continue his current responsibilities as global head o...

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