06/30/2005

Two awards in Southern Europe for AXA Investment Managers

News,
Group, June 30, 2005

AXA Investment Managers has been awarded two prizes for the quality of its asset management in Southern Europe. Not only did the manager of the AXA-Southern Europe fund rank first in the European top 100 fund managers list published in April 2005 by the international financial information group, Citywire, but the same month, AXA Investment Managers was elected "best fixed income asset manager" of the year by the Spanish magazine Mi Cartera de Inversión.

The manager of the AXA fund in Southern Europe was rated No. 1 manager of the European top 100 fund managers list published by the international financial information group, Citywire.

This European top 100 list was drawn up from the performance records of more than 2,500 fund managers over the three years to December 2004, and is based entirely on mathematical performance and the degree of risk involved.

Furthermore, AXA Investment Managers was nominated "best fixed income asset manager" of the year by the Spanish magazine Mi Cartera de Inversión.

This is the first time AXA investment Managers has been singled out by the Spanish press for such a prestigious management award.