Architas, the investment arm of AXA Wealth, reported assets rose 20% from £9.4bn to £11.3bn in 2012.
The group said strong investment performance led to inflows across both active and passive offerings, with particularly strong growth in the multi-asset passive fund range. This helped boost AXA Wealth's overall assets from £18.9bn to £21.6bn over the period, while sales totalled £3.3bn. AXA Wealth also reported significant growth on its Elevate platform, with assets up 51% from £3.5bn to £5.3bn last year. Total sales for Elevate rose by 17% to £1.7bn, with 51% of AXA Wealth business being placed on the platform. Mike Kellard, chief executive officer at AXA Wealth, said: “The AXA ...
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