AXA Wealth’s overall funds under management (FUM) in the first half of 2015 rose by 9% to £28.8bn from £26.5bn a year ago.

Funds on its wrap platform were £10bn, a surge of 20% from £8.4bn in the first half of 2014.

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The firm’s specialist SIPP and investment platform saw FUM rise by 4% to £18.2bn during the first six months of 2015.

At Architas, AXA Wealth’s multi-manager investment business, assets rose by 5% to £14bn from £13.3bn in the first half of 2014.

Offshore fund under management rose to 3% from £8.8bn to £9.1bn.

Commenting on the performance, AXA Wealth CEO Mike Kellard said: "My core priority for the rest of 2015 and 2016 is to invest heavily in our service model, with a new customer academy at the heart of the program. We’ve already invested over £2 million in our service systems development this year and in improving the overall adviser experience."

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