AXA Wealth Europe, a subsidiary of the insurance brand, AXA, has announced the renewal and strengthening of its partnership with EFA (European Fund Administration) for administration and valuation of its portfolios in unit of account.
Since the creation of the life insurance company in Luxembourg, EFA has supported the rapid expansion of AXA Wealth Europe in the field of investment funds and especially in the scope of internal funds, specific to Luxembourg, by providing services comprehensive and high-quality accounting and valuation of portfolios. AXA Wealth Europe was created four years ago.
Amélie Lequien, Actuarial, Product, Investment and Operations Director at AXA Wealth Europe, stated “This renewal follows the continuity of AXA Wealth Europe’s development in a growing Unit-Linked market in Luxembourg. The reputation, proximity and tailor-made service make EFA a privileged and choice partner for AXA Wealth Europe."
Claude Hoffmann, Director - Commercial Development, Product & Strategy at EFA, declared “It is a seal of approval for us that such a major player in the Unit of Account sector reaffirms its confidence in us and has chosen us for the support in its next phase of development. This rewards our efforts to always offer the most relevant products and the best quality of service on all our pillars of activity."