Megan Brennan has joined AXA Investment Managers’ (AXA IM) thematic equity team, following her departure from boutique firm Sarasin & Partners in July.
In her new role, she will work alongside portfolio manager Gregg Bridger on AXA IM’s $9bn thematic strategy range and will report to Tom Riley, head of global thematic strategies at AXA IM Core.
During her seven-year career at Sarasin, Brennan was an analyst and fund manager across a range of multi-asset and thematic equity strategies, including the £382.7m Sarasin Responsible Global Equity fund, which was a second-quartile performer in the IA Global peer group over the past year.
Riley said he was impressed by Brennan’s experience running global thematic portfolios, her “detailed fundamental analysis” and her comprehensive understanding of “disruptive and changing themes”.
Separately, AXA is selling its asset management division to BNP Paribas in a deal worth around €5.4bn, which is expected to close in the second quarter of 2025.