Mirabaud poaches AXA IM manager for global fund launch

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Mirabaud Asset Management has poached AXA Investment Management's Anu Narula to run a new global equity portfolio.

Narula (pictured) manager of the AXA Framlington Global High Income fund and co-manager of the £278m Global Opportunities fund with Mark Tinker, will move to Mirabaud on 24 June. The group intends to build a team for him, with a co-manager and an analyst also being recruited for the global equities desk. He will run the Mirabaud Equities Global fund, a Luxembourg SICAV slated for launch on 1 July. It will be a concentrated global growth fund comprising 40 to 70 stocks, managed according to a high conviction investment approach. Narula will invest in both mid and large caps as he tr...

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