AXA SA (AXAHF)
| Previous close | 0.00 |
| Open | 35.07 |
| Bid | 34.17 x 308300 |
| Ask | 35.72 x 312500 |
| Day's range | 35.07 - 35.07 |
| 52-week range | 28.38 - 38.70 |
| Volume | |
| Avg. volume | 3,287 |
| Market cap | 78.331B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 11.15 |
| EPS (TTM) | 3.12 |
| Earnings date | 02 Aug 2024 |
| Forward dividend & yield | 2.13 (6.12%) |
| Ex-dividend date | 30 Apr 2024 |
| 1y target est | N/A |
ReutersAXA IM arm raises $2.5 billion to invest in bank risk transfer trades
AXA IM Alts, the alternative investment arm of French insurer AXA, has raised $2.5 billion to pursue deals in the fast-growing market for bank risk transfers, as more lenders look to cash in on rising investor interest in their loan books. A total of 46 investors have provided the firepower, which comprises $1.3 billion in capital raised for its Partner Capital Solutions 9 Fund, and a further $1.2 billion from parallel separate managed accounts, including mandates from large Danish pension funds and the Arizona State Retirement System. A rising number of global banks are using privately-negotiated Significant Risk Transfer (SRT) transactions to offset regulatory capital requirements imposed by watchdogs.
BloombergBNP Paribas, Axa Said to Mull €1.4 Trillion Asset Manager JV
(Bloomberg) -- Axa SA is studying options for its investment manager and has been contemplating a combination with BNP Paribas SA’s asset manager, a joint venture that would have total assets under management of about €1.4 trillion ($1.5 trillion).Most Read from BloombergKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidSingapore Couples Are Marrying Earlier to Buy Homes, Leading Some to RegretNewsom Shocks Calif
The GuardianIt’s game over after Axa raised my home insurance price by 70%
Every year its renewal goes up by about 20%, then we negotiate. But this year it is playing hardball
