Axa will revoke €14bn in mandates from AllianceBernstein

France
On the 02.13.20 at 8:08AM

by

Réjane Reibaud

(pixabay)

The amount is impressive, but AllianceBernstein playing it down. Axa’s former US asset management subsidiary announced when putting out its results that the French insurer would revoke several mandates from it, totalling about $14bn.

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