BNP Paribas Asset Management
{{short description|French asset management company}}
{{Infobox company
| name = BNP Paribas Asset Management
| logo = BNP Paribas Asset Management.svg
| image_caption = Headquarters in Paris
| type = Société Anonyme
| area_served = Worldwide
| key_people = Sandro Pierri (CEO)
| industry = Asset management
| revenue =
| operating_income =
| net_income =
| aum = €602 billion (31 March 2025)
| assets =
| equity =
| num_employees =
| foundation = {{start date and age|2007}}
| homepage = {{url|bnpparibas-am.com}}
}}{{Verification|date=July 2022}}File:Siege cnep v3.jpg]]
BNP Paribas Asset Management is the dedicated, autonomous asset management branch of BNP Paribas Group.
History
In 2007, BNP Paribas regrouped its function in asset management under the brand name BNP Paribas Investment Partners.
In 2010, the closing of the transaction between BNP Paribas Investment Partners and Fortis Investments was completed.
In June 2017, BNP Paribas Investment Partners rebrands as BNP Paribas Asset Management.{{Cite web|url=http://docfinder.is.bnpparibas-ip.com/api/files/827B113B-12A3-4679-ACAA-996A8325625B|title=BNP Paribas Asset Management rebranding}}
In August 2024, BNP Paribas Asset Management entered exclusive talks with Axa for the acquisition of Axa Investment Managers for €5.1bn.{{Cite web|url=https://group.bnpparibas/en/press-release/bnp-paribas-enters-into-exclusive-negotiations-with-axa-for-the-acquisition-of-axa-investment-managers-and-a-long-term-partnership-in-asset-management |title=BNP Paribas enters into exclusive negotiations with AXA for the acquisition of AXA investment Managers and a long term partnership in Asset Management |date=1 August 2024 }} As Axa Investment Managers has €850bn of assets under management, the deal would create one of the largest asset management firm in Europe, with around €1.5tn of assets under management.{{Cite web|url=https://www.ft.com/content/3a7bbbbd-e8e8-4e5f-a2fd-8ce12fc69e7a |title=BNP Paribas in talks to buy Axa’s asset management arm for €5.1bn |date=1 August 2024 }} On 21 December 2024, Axa and BNP Paribas signed the purchase agreement of Axa Investment Managers by Cardif (BNP Paribas' insurance company).{{Cite web|url=https://group.bnpparibas/en/press-release/signing-of-the-share-purchase-agreement-for-axa-investment-managers-by-bnp-paribas-cardif |title=Signing of the share purchase agreement for AXA Investment Managers by BNP Paribas Cardif |date=21 December 2024 }} By using its insurance company for completing the purchase, BNP Paribas aims at benefiting from the "Danish compromise" (an EU rule that reduce the costs of owning a bank for an insurer relatively to a bank, in terms of risk-weighted assets and therefore of capital ratio).{{Cite web|url=https://www.reuters.com/markets/deals/ecb-apply-danish-compromise-insurers-case-by-case-says-buch-2024-12-17/ |title=ECB to apply Danish compromise on insurers case by case, says Buch |date=17 December 2024 }}
Products and services
BNP Paribas Investments Partners provides:{{Cite news|url=http://www.bnpparibas.com/en/news/press-release/bnp-paribas-regroup-its-expertise-asset-management-under-brand-name-bnp-paribas-i|title=BNP Paribas to regroup its expertise in asset management under the brand name BNP Paribas Investment Partners - BNP Paribas|newspaper=BNP Paribas}}
- Advisory
- Developed equities
- Developed fixed income
- Emerging markets
- Multi-asset solutions
- Protected, indexed & model-driven management strategies
- Sustainable investments
- Specialised investments
Locations
BNP Paribas Asset Management has offices all over the world.
The headquarters are in Paris, France. They also have a presence across much of Europe, North America, South and Central America, Asia, Australia and the Middle East.{{Cite web|title=Our locations|url=https://www.bnpparibas-am.com/en/the-asset-manager-for-a-changing-world/our-locations/|access-date=2020-07-27|website=BNPP AM - Corporate}}
See also
References
{{reflist}}
{{BNP Paribas}}
{{Major asset management companies}}
{{DEFAULTSORT:BNP Paribas Asset Management}}
Category:Investment management companies of France
Category:Financial services companies established in 2007
Category:French companies established in 2007