Architas, the multi-manager arm of Axa Wealth, has merged the £70 million worth Danske Fund into its Multi-Asset Blended range of risk-targeted funds.
The Danske Fund, run by Danske Bank, has four sub funds -CF Danske Income, Balanced, Cautious Managed and Active Growth funds.
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The move follows the appointment of Architas by Danske Bank to run core funds in its restricted offering for its personal banking customers in December 2012.
Currently, Architas manages a large portion of Danske’s private client investment business.
Cedric Bucher, head of business development at Architas, said: "With changes in both regulation and customer demand, we are working closely with our key clients to meet the changing environment.
"The successful implementation was achieved by a multi-disciplinary project team with experts from across the business, including the investment team, product management and operations."
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