Calvert and EM team to exit AXA Framlington

AXA Framlington's head of emerging markets William Calvert is leaving the group with managers Ming Kemp and Neil Denman.

Calvert, who joined the group in April 1997, is the lead manager on the £241.4m AXA Framlington Emerging Markets fund. The team will continue to work on the product for the next three months, before being replaced by global head of AXA Framlington Mark Beveridge and Irina Topa-Serry. AXA says it is actively looking to hire replacements for the team.