AXA Wealth’s overall funds under management (FUM) in the third quarter of 2015 rose by 14% to £30.4bn from £26.6bn a year ago driven by strong new business including notable growth in the corporate investment business.
While the firm’s specialist SIPP and investment platform saw FUM rise by 16% to £19.9bn during the quarter.
Funds on its wrap platform were £10bn, a surge of 13% from £8.8bn in the year ago period.
At Architas, AXA Wealth’s multi-manager investment business, assets grew by 46% to £19.4bn from £13.3bn in the third quarter of 2014. Offshore fund under management for the quarter stood at £8.9bn.
AXA Wealth CEO Mike Kellard said: "Over the past five years we have grown assets for our pensions and investment business from around £15bn in 2010 to over £30bn, along with nearly £20bn in our multi-manager business.
"In the last quarter alone we’ve delivered a new set of online tools supporting advisers and clients with retirement planning. And we’ve launched a new Customer Services Academy, which puts customer service centre stage to continually enhance advisers’ experience of working with us.
"With more government change ahead for the next year, we’ll be working with advisers to enhance our proposition in the areas that matter most to them – from adding model portfolio functionality, to improving our retirement offering and delivering consistently excellent customer service."