AXA Investment Managers boasts successful 2002

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FRANCE - AXA Investment Managers said it enjoyed a successful year in 2002, with an 11% increase in total net revenues and an 8% rise in operating income year-on-year from 2001.

The asset manager had net inflows of E4.1bn for its institutional business. Of this amount, the closing of three substantial collateralised debt obligation deals accounted for inflows of E3.5bn. ...

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