Money Management

AXA Investment Managers recruits U.S. institutional business development director

John Flynn was named director of U.S. institutional business development at AXA Investment Managers, spokeswoman Woomi Yun said.

The position is new. Mr. Flynn will be part of AXA IM's Americas client group, where he will develop relationships with institutional clients and investment consultants, with a primary focus on selling and marketing the firm's fixed-income capabilities and strategies. He will be based in Greenwich, Conn., and report to Francisco Arcilla, global head of sales.

Mr. Flynn was managing director of business development at Gramercy Funds Management. A Gramercy spokesman could not be reached.

AXA IM had $896 billion in assets under management as of Dec. 31.