AXA IM eyes SMID-caps in equity income fund rebrand

clock • 2 min read

AXA Investment Managers has rebranded its UK equity income fund, which will now access opportunities in a broader investment universe of smaller stocks. The AXA Framlington UK Equity Income fund - formerly AXA Framlington Blue Chip Equity Income - can now invest in small- and mid-cap firms, targeting those with high sustainable barriers to entry within their industries. In 2018, manager of the fund Simon Young co-founded Heartwood Partners, which set out to target small and mid-cap comp...

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