Axa Framlington gives Managed Growth to Tinker

Axa Framlington has handed its £94m Managed Growth fund to strategist Mark Tinker, who will introduc...

Axa Framlington has handed its £94m Managed Growth fund to strategist Mark Tinker, who will introduce a top-down thematic approach to the portfolio. The vehicle has been through a succession of managers, with Tinker the sixth change at the helm in five years. The group admits it has been treated a collection of best ideas from regional desks rather than a genuine global product. Axa Framlington CEO Robert Kyprianou said the group is known as a stockpicking house and a thematic approach will introduce a new source of returns. Tinker joined in February with a mandate to develop global e...