Axa builds fixed term HY fund as shelter from political instability

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Axa builds fixed term HY fund as shelter from political instability

Victor Jimenez
March 09, 2017 01:30 PM
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The flag of the European Union sways in the wind attached to a pole in front of the European parliament building in Strasbourg, France, 12 April 2016. Photo: Karl-Josef Hildenbrand/dpa | Karl-Josef Hildenbrand/DPA/PA Images

Axa IM has launched a European corporate high yield bond fund that plans a buy-and-hold approach through to its maturity in 2023.

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