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Fund manager Invesco recruits AXA trading heavyweight

Hire comes as fund managers adjust to new trading rules under Mifid II

Fund manager Invesco recruits AXA trading heavyweight
Photo: Getty Images

Invesco has secured the high-profile appointment of AXA Investment Managers' well-known global head of trading in London.

Paul Squires is leaving AXA after more than 20 years to become head of equity trading for Europe, the Middle East and Africa at Invesco, the US investment manager with assets of $937.6bn. An Invesco spokeswoman confirmed the hire.

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