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23 August 2010
AXA REIM sees fund inflows exceeding 2009; to expand debt fund
The property manager of French insurer AXA is expecting capital inflows this year to exceed 2009, with growth in assets under management of up to E3bn. It has also opened a debt fund to external investors, testing demand for a product that could help fill the post-crisis shortage of bank credit, two top officials of AXA Real Estate Investment Management told PIE. (See PIE 156 for full story)