LGIM hires from Axa IM for wealth management head

Legal and General LG

Legal and General Investment Management has established a head of wealth management role, appointing Stephen Gray from Axa Investment Managers.

Gray will work with wealth managers, stockbrokers and fund-of-fund clients, and will report to head of UK retail sales Simon Hynes.

Hynes says the appointment reflects the firm’s “commitment to broadening LGIM’s wholesale proposition”.

Gray has 18 years experience working with discretionary clients and was previously regional sales manager at Framlington Unit Management, before becoming head of discretionary sales at Axa IM.