Citywire,
Citywire: BNP Paribas closes Axa IM takeover to form €1.5tn asset manager 
BNP Paribas has completed its acquisition of Axa Investment Managers (Axa IM).
Citywire,
BNP Paribas has completed its acquisition of Axa Investment Managers (Axa IM).
Financial News,
Axa Investment Managers added more than €30bn (£24.8bn) in assets last year, driven by higher inflows across its alternatives businesses and third party clients. The Paris-headquartered group, which is on the verge of being taken over by BNP Paribas, saw assets under management rise to €879bn at the end of December, up €35bn on the previous year, but still below a record €887bn in 2021.