News Round Up

Arcus rebrands as AXA Arcus Investment Management is changing its name to AXA Global Investors Limited.

Since 2002 Arcus has been a wholly-owned subsidiary of AXA, providing investment management services to adviser networks, AXA superannuation and products via AXA to the Bank of New Zealand.

The change is due to the Arcus brand not being as well known as the AXA brand, which has a strong Global following and is well recognised within New Zealand.

"The change does not mean that AXA has changed the way we manage money. The same people are making the investment decisions and the reporting lines that are in place today will exist after the name change is implemented. We will continue to operate using the successful process and guided by the same investment philosophies that have been refined over the years," the company said.