AXA Investment Managers (AXA IM) - the fund management arm of the AXA Group - has completed it US high yield bond team.
The team comprises three senior portfolio managers, Hannah Strasser and Anne Yobage and Tom Kelleher. The group will be based in Greenwich, Connecticut.
Strasser co-founded Cardinal Capital and co-headed its high yield group, alongside Yobage in 1995. Before that she was a managing director and co-head of the high yield group at Deltec Asset Management.
Prior to Capital, Yobage was also a managing director of Deltec Asset Management, co-heading the high yield group. She was previously a credit analyst in Kidder Peabody's high yield research group.
Kelleher was a managing director of Cardinal Capital with a total of 15 years fixed income experience. Commenting on the appointments Robert Kyprianou, global head of fixed income and structured asset management of AXA IM, added that the acquisition of a US high yield team continued the firm’s strategy in the highly specialised and rapidly evolving global credit markets.
By Madhu Kalia
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