AXA IM and AllianzGI unveil 2008 results

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GLOBAL - AXA Investment Managers has reported a fall in assets under management of 12% due to "negative market effects".

The fund management firm's 2008 results revealed its assets under management had fallen to €485bn from €548bn in 2007 - but noted net inflows remain positive at €2bn. It said its revenues had de...

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