Opalesque – Chris Manser is to leave his position as Global Head of AXA Funds of Hedge Funds in order to pursue other opportunities and is believed not to have elaborated further on his future plans. Manser has been with the firm since February 2007 and will leave at the end of June this year.
While he has been with AXA assets under management in the fund of hedge funds business have grown from Euros 2.5bn to Euros 4.5bn ($3.54 bn to $6.37bn) and the composite performance for AXA’s funds of hedge funds has consistently outperformed the HFRX Global Index and the HFRI Fund of Hedge Fund Index. He has also been a member of AXA Investment Manager’s Group Executive Committee.