Axa Elevate assets up 50% to £6bn

The business also reported a 13% rise in assets on its specialist multi-manager business Architas. It said assets under management were up from £10.7bn to £12.1bn. Overall assets at Axa Wealth rose by 20% from £20bn to £24bn.   Sales at the firm grew 79% to £1.6bn. It said this indicated a strong first quarter for the business, which developed a "tailored approach to market in the lead up to the RDR with a commercial focus developed for each of its core business areas, each of which were early to adopt adviser charging".   Total sales for IFA business on Elevate also rose by 28% to ...