AXA Investment Managers – Real Assets has appointed Laurent Lavergne as global head of asset management & development. As a result of the appointment, Timothé Rauly will become the sole head of fund management.
Lavergne, who is currently co-head of fund management alongside Rauly and already sits on the AXA IM – Real Assets board, will replace Andrew Stainer who has made the decision to move back to his home country of Australia, where his family is based. Stainer will remain actively involved with AXA IM – Real Assets as a strategic adviser, reporting directly to CEO Isabelle Scemama, but he will step down from the management board.
In order to ensure a smooth transition of his role to Lavergne and afford Rauly time to take full responsibility for AXA IM – Real Assets’ Fund Management function, Stainer will spend approximately half his time in Europe during this period of transition. The day-to-day operations of the asset management and development team
