AXA IM Rosenberg names head of sustainable investing

Kathryn McDonald was named head of sustainable investing at quantitative investment firm AXA IM Rosenberg Equities, confirmed a spokeswoman, in an email.

The position is new.

Prior to taking the new position, Ms. McDonald was director of investment strategy at the firm. She is not being directly replaced in the position, the spokeswoman said.

A news release said that Ms. McDonald's appointment coincides with a plan by the firm, based in Orinda, Calif., to integrate ESG considerations across all of its strategies. The firm manages around $20 billion.