GLOBAL - Axa Investment Managers (Axa IM) has appointed Mercer CIO Tim Gardener as global head of consultant relations.
Reporting to global head of distribution Jon Bailie, Gardener will be responsible for the development and strategic direction of consultant relationships globally.
Based in London, he will commence the newly-created role in the autumn. He will also become a member of Axa IM's executive committee.
Gardener joins after 33 years with Mercer, where he has held the post of global chief investment officer since 2008 and was previously global head of investment consulting.
Axa IM said the new role would focus on strengthening the company's relationships with consultants across all asset classes and geographies.
Bailie added: "Tim has a highly regarded and recognised profile in the institutional investment sphere and we are delighted to have him on board at Axa IM. Tim's appointment demonstrates the attractiveness of the Axa IM brand and business model, and its ability to attract talent of such high quality.
"The appointment of such an influential and extensively experienced professional re-asserts the importance that Axa IM places on the continued growth and development of its relationships with consultants and its institutional business across the globe."
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.