SimplyBiz funds added to AXA Elevate

Fund milestone announced by AXA Elevate

AXA has announced its Elevate platform has grown new funds under management to £1 billion since February this year.
New model business outlined by AXA Wealth

AXA Wealth has unveiled its new model business.

Friday, 13 August 2010 12:00

AXA's Elevate platform has added six new multi manager funds.

The products are designed for SimplyBiz, while one of the mandates will be handled by Architas.

AXA said its strategy for Elevate is to develop bespoke solutions for service providers and distributors.

The funds are to be made available in the retail and institutional structures.

David Thomson, managing director of wealth investments and distribution at AXA Wealth, noted the coalition is the next step in the company's focus to work with major distribution partners.

Joint managing director of SimplyBiz Matthew Timmins described the Elevate product as a rapidly growing platform.