Axa adds 850 clean share classes to Elevate platform

This latest addition takes the total number of clean share classes available to 2,500, following Axa's decision to add 1,000 in March.  Axa reports that 40% of flows on the platform are now going into clean share classes, which is evenly divided between flows into new money and switches of existing money. AXA Wealth Elevate managing director David Thompson said: "Many of our competitors have been dripping clean share classes onto their platforms. "We believe that speed is vital to allow advisers the longest possible time to transition from retail to clean. "The latest figures su...