AXA IM names business development chief for real assets arm

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Paris-headquartered firm AXA Investment Managers – Real Assets has appointed Florence Dard (pictured) as global head of Business Development.

Dard, head of Client Group France at AXA IM since 2015, will take up her new duties on 5 March. She will oversee the newly-created business development department, which will bring relevant internal teams together as a single business unit. The division will include the Client Capital Group, Research & Strategy, Marketing & Communication and Product Development teams.

Based in Paris, Dard will report to Isabelle Scemama, CEO of AXA IM – Real Assets and join the management board.

Dard has spent over 18 years with AXA, having held a number of roles within AXA IM such as relationship manager for AXA France, head of Corporate Sales for pension and savings schemes and institutional sales manager.

As head of Client Group France, Dard led the French sales, marketing and client services teams and contributed to the strategic development of AXA IM across all client segments in France.

She also worked at Edmond de Rothschild AM between 2010 and 2015 where she occupied several roles including head of European Institutional Sales and Sovereign Wealth Funds.

Isabelle Scemama, CEO of AXA IM – Real Assets, commented: “Florence brings with her a great deal of business development experience in asset management and is very well placed to lead our newly created Business Development department. In her previous role, she has been instrumental in the development of the AXA IM’s alternatives assets business, which remains a key area of growth for the firm.

“She notably contributed to the successful capital raising efforts in France for some of our flagship institutional and unit-linked funds. She will be a strong addition to the wider AXA IM – Real Assets’ team and to our Management Board, bringing with her further expertise to help drive our business development globally and achieve our ambitious expansion plans.”

As of end of September 2017, AXA IM – Real Assets had €74bn in AUM, including €56.5bn in direct property & infrastructure and €14bn in real asset finance.

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