Axa IM plans trading desk in Hong Kong

Paris-based Axa Investment Managers is about to put its first fixed income trader in the region for closer proximity to clients and counterparties, and in response to the growth of its Asian asset base. The trading and securities financing team will open a desk in Hong Kong in the fourth quarter to support the firm’s fund management expansion in the region, says Christophe Roupie, global head of trading at Axa IM. Until now, Asian fixed-income assets have been traded by fund manag…