Rosenberg, Mead out as AXA reshapes top ranks

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US - Barr Rosenberg, chairman of AXA Rosenberg, and Tom Mead, head of research, both co-founders, have resigned after an investigation into the reporting of a coding error found the two did not follow firm protocol.

The firm will now reshape its top ranks and its organisational framework. Chief investment officer Agustin Sevilla has also stepped down from his post but will continue in a senior research role. ...

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