Ex-Citigroup Weber to sell for Axa Rosenberg

Former Citigroup Australia Asset Management institutional marketer, Ian Weber, has landed a similar role at Axa Rosenberg in Australia.

Weber will essentially replace Nicholas Smith as the institutional face of Axa Rosenberg’s Australian business. The other Axa Rosenberg employee in Australia is Kaveh Jahrome, who runs client services. Weber was unavailable for comment. The retail distribution of Axa Rosenberg’s products will continue to be spearheaded by Equity Trustees, which last year became the responsible entity for the California-based manager’s Global Equity 130/30 Limited Shorting Strategy fund.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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