AXA SPDB Investment Managers Company Ltd

🏦 AXA SPDB Investment Managers Company Ltd (commonly referenced as AXA SPDB Investment Managers Co., Ltd.) is a Chinese fund management joint venture established in August 2007 and principally operating from Shanghai.[1] The company appears on the CSRC list of fund management companies and is described by SPDB as a multi-asset manager conducting mutual funds, separately managed account (SMA) funds, and special assets activities spanning equity, fixed income, quantitative, and alternative products.[2] SPDB discloses holding 51% of shares, while AXA's financial reporting shows a 39% interest held through AXA Investment Managers, indicating additional minority shareholders beyond these two parties.[3] For 2024, SPDB reports operating income of RMB 1,276 million, net profit of RMB 253 million, net assets of RMB 2,871 million, and assets under management of approximately RMB 530 billion.[1] Following AXA's disposal of AXA IM to BNP Paribas (completed 1 July 2025), AXA Investment Managers' stake in this joint venture now sits within the BNP Paribas Group.[4]

AXA SPDB Investment Managers Co., Ltd.
Corporate identity
TypeCompany limited by shares (Co., Ltd.)
RegulatedYes
License typeAsset Management
Incorporation2007
CountryChina
RegulatorChina Securities Regulatory Commission (CSRC)
Ultimate parentShanghai Pudong Development Bank (51%); AXA Investment Managers (39%)
Group statusJoint Venture / Associate
Business & markets
Operating statusActive
Lines of businessPublic fund management, SMA funds, multi-asset strategies
Geographic marketsMainland China (Shanghai)
Key financials (2024)
CurrencyRMB
RevenueRMB 1,276 million
Net incomeRMB 253 million
EquityRMB 2,871 million

References

  1. 1.0 1.1 "Shanghai Pudong Development Bank — Annual Report 2024" (PDF). SPDB / HKMA. 2024.
  2. "List of Fund Management Companies (2020)" (PDF). CSRC. 2020.
  3. "AXA Half Year 2025 Financial Report" (PDF). AXA SA. 2025.
  4. "AXA Activity Report HY2025" (PDF). AXA SA. 2025.