AXA reports e19.1bn in new institutional business in 2004

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UK - Institutional business accounted for e19.1bn of AXA Investment Managers' (AXA IM) record e29bn in new money in 2004, the firm has announced.

Reporting its financial results as at 31 December 2004, AXA IM said assets under management rose by e33bn to e345bn at year-end. The firm said its institutional business had a “strong year”, win...

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