The banking subsidiary of the insurance group AXA has created a joint-venture with the bank DEGROOF to offer its customers solutions for top-of-the-range fortune management. The new entity, called AXA & DEGROOF FUND PORTFOLIO in which AXA BANQUE will hold almost 75%, will, through the network of agencies of the banking-insurer propose formulae for collective investments managed by specialists of the bank DEGROOF. The joint-venture will have a start-up capital of 3.1 million euro and employ...