AXA Italy builds up sales team

The Italian arm of AXA Investment Management has appoined two managers to its sales team.

Daniele Morlacchi joined AXA IM from JP Morgan to further develop and consolidate the wholesale business.

Marco De Micheli joined AXA IM from Pictet, and will work to develop sales to the retail segment in Italy with reference to financial advisers networks and private banking.

It is understood AXA’s business on retail distribution is about €300m.

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