The Axa-owned multi-manager firm reached €42.8bn (£38.9bn) in assets under management over the first half of 2017, up from €28.6bn amassed at the end of 2016.
The group has been making a more concerted effort to enhance its profile in the UK, launching a number of products targeted at UK investors, most recently a global equity income fund.
Over the first six months alone, its UK business attracted £546m in net new money, around two thirds of the flows it reported for the whole of 2016 (£860m).
Architas chief executive Hans Georgeson (pictured) said the group’s growth in the UK was fuelled by its risk profiled fund range, in particular, its Diversified Real Asset fund, which attracted advisers “looking for alternative sources of returns from an asset class less correlated to traditional equity and bond markets”. The fund recently hit the £200m mark.
“In recent years, we have invested significantly in our UK business to develop our fund proposition and our relationship with a broader range of adviser clients,” said Georgeson.
“Strong inflows demonstrate this approach has been successful and we intend to continue with this strategy.”
Meanwhile, across Europe, the firm continued to see “strong flows” from the Axa distribution networks in Belgium, France, Italy and Germany.
In total, Architas took in net new money of €1.05bn during the first six months of the year. It took in €1.98bn for the entirety of the previous financial year.
