According to Axa, Seyer will have a remit to "strengthen relationships with AXA IM’s third-party clients" across the retail and institutional sectors and also to "ensure that the firm’s investment solutions are distributed effectively to external investors worldwide."
Seyer, the former chief executive at asset manager Lyxor will also continue to act as global head of MACS until next March, when he will be replaced by Christophe Coquema, previously Axa IM’s chief operating officer.
Coquema in turn will be replaced by Joseph Pinto, previously Axa IM’s global head of markets and investment strategy.
Seyer will remain a member of AXA IM’s Management Board and is based in Paris, reporting to Axa IM’s chief executive Andrea Rossi.
Rossi said that Axa IM had built its success on its ability to support the complex and evolving investment and risk management issues of the Axa Group through innovative and tailored solutions such as smart beta, high yields or, more recently, loans solutions.
He added that the firm’s goal now was to “bring this knowledge to a greater number of investors in a more focussed and systematic way.”
Axa IM had approximately €568bn in assets under management as of the end of June 2013.
