GLOBAL - Axa Investment Managers has received compliance with Global Investment Performance Standards (GIPS) and the Association for Investment Management and Research - Performance Presentation Standards (AIMR-PPS).
The objectives of GIPS and AIMR-PPS are to ensure that investment managers of third party accounts present the performance of all discretionary-managed funds according to the principles defined in the standards.
In addition to conformity to GIPS and AIMR-PPS level one, 24 Axa composites have achieved compliance under AIMR-PPS level 2 standards. These composites are defined so that funds having the same investment strategy and following the same investment process are grouped together.
By Janet Du Chenne
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