Back

Appointment of Kumar Kalyanakumar as Head of Australia

Appointment of Kumar Kalyanakumar as Head of Australia

Press Release
14 February 2018

AXA Investment Managers - Real Assets appoints Kumar Kalyanakumar as Head of Australia

AXA Investment Managers - Real Assets ("AXA IM - Real Assets"), a global leader in real assets investment and the leading(1) real estate portfolio and asset manager in Europe, announces that, effective immediately, Kumar Kalyanakumar has been appointed as Head of Australia at AXA IM - Real Assets and Managing Director of Eureka - Real Assets ("Eureka"), the Australian investment and asset management business it acquired in September 2016. Effective immediately, Kumar replaces Bob Kelly, allowing the company to continue benefiting from his experience.

Kumar has been involved in the real estate investment management sector for over 30 years and, as one of the founders of Eureka, has been heavily involved in the running of the business since its establishment in 2004. He holds a number of important client relationships, has a strong understanding of Eureka's business and strengths, and has played a leading role in its integration into AXA IM - Real Assets, which is now completed.

In addition to his responsibilities as a non-executive director, Bob Kelly will continue to help both build and seek opportunities for Eureka's Environmental Upgrade Finance business, reflecting his continued commitment and enthusiasm for finding innovative solutions for energy and environmental issues affecting the property industry.

Laurent Jacquemin, Head of Asia Pacific at AXA IM - Real Assets, commented: "Kumar has played a significant role in the growth of Eureka as well as its integration into AXA IM - Real Assets, ensuring that the enlarged business and our clients benefit from the expanded network and offering. I have every confidence in Kumar's ability to drive Eureka through the next stages of its evolution and I am looking forward to working with him to achieve our strong ambitions in the Asia Pacific region, a key market for AXA IM - Real Assets."

"I would also like to thank Bob Kelly for his vision and strong contribution to the creation of such a reputable business in Eureka and to his invaluable help and assistance over the past 16 months in helping bring our two businesses together so successfully. Bob is highly regarded in the Australian real estate market and is well known for his passion in tackling the environmental issues facing the sector and I am therefore pleased that he will remain with us as a non-executive director, so that we will continue to benefit from his expertise."

- ENDS -

1 Source: INREV/ANREV Fund Manager Survey - May 2017 in terms of assets under management

 

Press Contacts

AXA Investment Managers - Real Assets
Jocelyne Tamssom, Head of Communications
Charline Coué, Media Relations Manager
Tel: +33 1 44 45 97 95
PressOfficeAXAIMRealAssets@axa-im.com                                             

FTI Consulting Inc.
Richard Sunderland, Richard Gotla, Tom Gough, Ellie Sweeney
Tel: +44 20 3727 1000
AXAIMRealAssets@fticonsulting.com

Note to editors

AXA Investment Managers is an active, long-term, global, multi-asset investor focused on enabling more people to harness the power of investing to meeting their financial goals. By combining investment insight and innovation with robust risk monitoring, we have become one of the largest asset managers in Europe with ambitions to become the chosen investment partner of investors around the world. With approximately €732 billion(1) in assets under management as at end of September 2017, AXA IM employs over 2,450 people based in 29 offices around the world.

AXA Investment Managers - Real Assets has €74 billion in assets under management, including €56.5 billion in direct property & infrastructure and €14 billion in real asset finance as of end of September 2017(2). We offer a 360° approach to investing in real assets, which comprises opportunities in equity or debt, across different geographies and sectors, as well as via private or listed instruments. We are a global leader in real assets investment, the number one property portfolio and asset manager in Europe(3), and one of the largest worldwide. Our teams have been managing funds and mandates for over 30 years and comprise about 650 people in 15 offices that operate in over 20 countries around the world, which provide us with in-depth knowledge of countries, cities and sectors.

AXA Investment Managers is part of the AXA Group, a global leader in financial protection and wealth management.

Visit our websites: www.axa-im.com /  https://realassets.axa-im.com

Follow us on Twitter @AXAIM / @AXAIMRealAssets to get our latest information

 

1 Source: AXA IM unaudited data

2 Source: AXA IM - Real Assets’ unaudited data

3 Source: INREV/ANREV Fund Manager Survey – May 2017 in terms of assets under management

 

This document is aimed solely at the media and is for information purposes only. The opinions expressed here are the views of the author and do not constitute investment advice. This is not a recommendation to purchase, sell or subscribe to financial instruments, an offer to sell investment funds or an offer of financial services. This press release is as dated. They do not necessarily represent the views of any company within the AXA Investment Managers Group and may be subject to change without notice. This does not constitute a Financial Promotion as defined by the Financial Conduct Authority and is for information purposes only. No financial decisions should be made on the basis of the information provided.

Related documents