A former executive at Framlington is suing the UK fund manager over the terms of his departure from the company within months of its acquisition by French rival Axa Investment Managers last year.

Ian Barnetson, previously a partner at Accenture who became Framlington's chief operating officer in March last year, is one of several executives, including chief investment officer Jeremy Lodwick, who left the UK fund manager after Axa took it over in October for about £200m (€288m).