London-headquartered firm Architas, the multi-management arm of AXA group, has reported global net inflows of €2.12bn for the full year 2017, of which UK inflows accounted for £867m (€979.7m).
Total assets under management of the company amounted to €43.7bn as at 31 December 2017.
Hans Georgeson, CEO of Architas, said: “The continued growth of our UK business reflects the strength and depth of our relationships with our clients. Our core UK fund range, which advisers use to meet the needs and risk appetites of their clients, continues to attract significant inflows while 2017 saw the launch of our Global Equity Income fund which is designed to complement our existing income range of funds.
“In Europe we saw strong inflows from the AXA distribution networks across France, Belgium, Italy and Germany as investors moved into investment funds to secure higher levels of return from their savings.”
Georgeson also referred to the firm’s decision to expand into Asia with a range of multi-asset funds domiciled in Dublin. Architas hired Amundi’s former head of Fund Selection Mai Khanh Vo as head of Investments for its Asian branch last year.
Architas’ funds, registered for distribution in Singapore, will soon be made available to retail investors in the Philippines, Hong Kong and Thailand through the local AXA network.