Axa IM promotes Gueunier following Juillard's departure

Axa Investment Managers’ head of corporate structured credit, Laurent Gueunier, will step up to the post of head of structured finance for the Paris-based asset manager, according to an announcement from the firm. He takes over from Pierre-Emmanuel Juillard, who has left Axa to become a partner at Goldman Sachs in Asia.

Gueunier has worked for Axa IM since 2002, leading the development of the firm’s corporate structured credit business, which totals €21 billion in assets under management, including a large number of synthetic CDOs. Prior to joining Axa, he worked in JP Morgan’s structured credit business, and he began his career as a commodities trader with Societe General.

In his new role, Gueunier will have responsibility for a further €13 billion of assets, including CLOs, ABS and cat bonds. He will also join Axa IM’s executive committee.