Axa adds two fixed-income managers

Axa Investment Managers has recruited two fixed-income portfolio managers for its UK team.

Mark Benstead joins from Royal Bank of Canada Capital Markets, where he was head of syndicate and head of sales. He will work with Axa's credit strategy and portfolio management team.

Philip Chow joins from F&C Asset Management, where he managed UK and global fixed-income, and will work with the rates strategy and portfolio management team.

Both will be based in London and will report to the head of fixed-income for the UK and Asia, Denis Gould.