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Article | 02 November 2020 | Corporate news
2 November 2020: Architas, part of the global AXA Group, today announced it has completed the sale of its UK investment business to Liontrust Asset Management Plc (“Liontrust”). The UK investment business, which includes two regulated legal entities, Architas Multi-Manager Limited and Architas Advisory Services Limited, consists of UK regulated funds and UK advisory business with £5,691m* in assets under management. Liontrust has acquired the Architas UK investment business for a total consideration of up to £75 million.
Matthieu Andre, CEO, Architas:
“We would again like to thank all those clients that have been part of our success in the UK over the past decade. It was an extremely difficult decision to sell the business but one we felt was right to allow it to continue to flourish. We are confident that Liontrust will provide a great home for the UK investment business.
“Outside the UK, Architas has grown exponentially to become a global business focused on supporting AXA entities and their partners across Europe and Asia, relying on state of the art multi-asset and multi-management capabilities. We have decided to leverage this growth and to focus on our core strength and scale.
“Architas has ambitious global growth plans which are aligned with those of the AXA Group, and will continue to operate outside the UK, wherever we have a strong AXA life and savings presence.”
£5,691 million assets under management and advice (calculated as at close of business on 23 October 2020 for the funds and as at 30 September 2020 for the investment advisory services).
Leanne Barnham +44 (0)7825 422 738
Architas Limited ("Architas"), a company registered in England No. 0263860, registered office: 5 Old Broad Street, London, EC2N 1AD, the UK. The Architas-branded businesses include Architas Limited, Architas Multi-Manager Europe Limited based in Ireland, Architas SA/NV in Belgium, Architas Solutions DAC (an Irish company), Architas France based in France, Architas Asia Limited based in Hong Kong, and Architas Asset Management Indonesia based in Indonesia.
The AXA Group is a worldwide leader in insurance and asset management, with 160,000 employees serving 108 million clients in 57 countries. In 2019, IFRS revenues amounted to Euro 103.5 billion and underlying earnings to Euro 6.5 billion. AXA had Euro 969 billion in assets under management as of December 31, 2019. The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY. The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD. It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.