Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Axa Investment Managers in Asia Had EU1 Billion Net Inflows

Oct. 10 (Bloomberg) -- Axa Investment Managers, a unit of Europe’s second-largest insurer, had about 1 billion euros ($1.29 billion) in net inflows this year in the Asia-Pacific region, excluding Japan, said Jean-Pierre Leoni, who oversees the business in the area.

The inflows were driven by Taiwan and Korea, Leoni told journalists at a meeting in Paris today. Still, Europe’s sovereign-debt crisis is pushing Asian clients to seek “the lowest price” for investments in European assets, leaving Axa Investment Managers below its goal of 2 billion euros of net inflows in the region this year, the executive said.

Axa Investment Managers, Axa SA’s Paris-based asset-management unit, has about 20 billion euros under management and 260 staff at seven locations in Asia-Pacific markets excluding Japan, according to a presentation handed to journalists.

The unit said in a May 16 statement that it opened a representative office in Beijing “to perform market research and build on relationships with Chinese institutional investors.”

To contact the reporter on this story: Fabio Benedetti-Valentini in Paris at

To contact the editors responsible for this story: Frank Connelly at; Edward Evans at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.