For AXA Philippines, It's Business as Usual
3 Articles
3 Articles
For AXA Philippines, it's business as usual
MANILA, Philippines – Business will continue as usual—if not better—for AXA Philippines following the $6.3-billion (5.4 billion euros) sale of its parent firm, AXA Investment Managers (AXA IM), to French asset manager BNP Paribas. In a statement on Monday, AXA Philippines said customers “can expect uninterrupted service and continued stability” amid the transition. Upon closing
The partnership comes as the insurer has just transferred its asset management subsidiary, Axa IM, to the BNP Paribas Group.
AXA Group Completes Sale of AXA Investment Managers to BNP Paribas - LionhearTV
AXA Group confirms the completed sale of AXA Investment Managers (AXA IM) to BNP Paribas, one of the world’s largest and most trusted asset managers, for a total transaction value of €5.4 billion.* The move is aimed at strengthening AXA’s investment capabilities while continuing to deliver strong value to customers. For AXA Philippines, as one
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