Axa Names Remstedt Institutional Development Head

AXA Investment Managers has appointed Lawrence Remstedt director of institutional development and relations.

Remstedt, along with the other members of the sales team, will cover the U.S. and play a key role in broadening AXA IM’s client relationships.  Most recently he served as portfolio manager at AXA Rosenberg, the firm’s equity asset management arm.

Remstedt said, “I’m looking forward to this new expanded role.  AXA IM has direct experience in managing liabilities and has developed sophisticated expertise across asset classes to address some of the key issues facing investors today.  For example, AXA Rosenberg’s SmartBeta approach has evolved from over seven years of managing volatility for clients.”

Prior to joining AXA Rosenberg, Remstedt served as a director of business development for American Century Investments from 2003 to 2008; and prior to that he was in a business development and client service role at Citigroup Asset Management for over nine years, including three years based in London. 

For reprint and licensing requests for this article, click here.
Career moves Money Management Executive
MORE FROM FINANCIAL PLANNING