AXA Investment Managers took in €12bn (£10.2bn) in net flows last year, well up on the €3bn taken in 2012, thanks to Framlington and its fixed income teams.
The president of the European Central Bank (ECB) has said the currency crisis in Ukraine could have serious and long-lasting implications for the European energy market.
Russian shares dropped to a five-year low yesterday, weighing on global markets, while the gold price jumped as the Ukraine crisis intensified.