AXA’s head of trading departs for HSBC Global Asset Management

Former AXA heading of trading, Daniel Leon, joins HSBC Global Asset Management as global head of trading, treasury management, and global solutions.

AXA Investment Managers’ (AXA IM) head of trading has departed the firm after just over five years to join HSBC Global Asset Management.

Daniel Leon joins HSBC as global head of trading, treasury management, and global solutions. He has more than 25 years’ industry experience most recently as head of global trading, security financing, and derivatives at AXA IM.

Prior to this role, Leon held other various roles at AXA including head of client solutions development and CIO for investment solutions.

In his new role, Leon will be responsible for strategic direction and oversight of HSBC Global Asset Management’s trading and treasury management activities, as well as global investment solutions.

Leon’s trading-focused responsibilities include managing global counterparty relationships and improving investment performance and trading platforms. He will also be responsible for establishing a dedicated treasury management function to support client portfolios.

“We have a global platform for Investments and Daniel’s appointment will allow us to manage our trading and treasury management activities globally, ensuring clients everywhere get the benefits of best practice and efficiencies. Coupled with that, Daniel’s skills and experience in investment solutions will allow us to solve a wide range of problems for our clients,” said the global chief investment officer Joanna Munro.

Leon, who left AXA IM last month, will be based in London and report to Joanna Munro, global chief investment officer at HSBC Global Asset Management.