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AXA Framlington Managed Balanced Fund - removal from the Wealth 150+

Heather Ferguson | Mon 02 November 2015

Investments can go down as well as up so there is always a danger that you could get back less than you invest. Nothing here is personalised advice, if unsure you should seek advice.

Richard Peirson, manager of the AXA Framlington Managed Balanced Fund, has handed over responsibility for the UK equity portion of the portfolio to his co-manager Jamie Hooper. He has also passed the fixed interest portion of the fund to Nick Hayes of the AXA Framlington Fixed Interest Team. The global equity investments, covering the US, Europe, Japan and the emerging markets, will continue to be managed by AXA Framlington’s regional equity specialists.

Richard Peirson will continue to oversee the overall management of the fund. This includes deciding how much of the portfolio to allocate to each individual equity or bond manager in addition to deciding how much cash to hold.

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Jamie Hooper has worked alongside Richard Peirson for three years and his approach is similar. The fund is unlikely to undergo any drastic changes under the new management. However, our conviction lies with Richard Peirson, so we have removed the fund from the Wealth 150+ list of our favourite funds across the major sectors, while we monitor how it adapts to the change in management. This is not a recommendation to make any changes to a portfolio provided it continues to meet its objectives. We will keep in close contact with the AXA Framlington Team during the transition period and will inform investors if our views change.

Read the key investor information document for the AXA Framlington Managed Balanced Fund.

Important information - Please remember the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. This article is provided to help you make your own investment decisions, it is not advice. If you are unsure of the suitability of an investment for your circumstances please seek advice. No news or research item is a personal recommendation to deal.


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