 | |
| Company type | Société Anonyme |
|---|---|
| Industry | Asset management |
| Founded | 2007 |
| Headquarters | Paris, France |
Area served | Worldwide |
Key people | Sandro Pierri (CEO) |
| AUM | €576 billion (30 June 2024) |
| Website | bnpparibas-am |
 | This article needs additional citations for verification .(July 2022) |
BNP Paribas Asset Management is the dedicated, autonomous asset management business of BNP Paribas Group.
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. [1]
In August 2024, BNP Paribas Asset Management entered exclusive talks with Axa for the acquisition of Axa Investment Managers for €5.1bn. [2] 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. [3] On 21 December 2014, Axa and BNP Paribas signed the purchase agreement of Axa Investment Managers by Cardif (BNP Paribas' insurance company) [4] . 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). [5]
BNP Paribas Investments Partners provides: [6]
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. [7]
BNP Paribas is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. It also incorporates many other major institutions through successive acquisitions, including Fortis Bank in Belgium, Direkt Anlage Bank in Germany, Banca Nazionale del Lavoro in Italy, Banque Générale du Luxembourg in Luxembourg, and Türk Ekonomi Bankası in Turkey. The group has also been present in the United States through its subsidiaries Bank of the West until 2023 and First Hawaiian Bank until 2019. With 190,000 employees, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB).
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Conning is a global investment management firm serving the insurance industry. Conning supports institutional investors, including pension plans, with investment and asset management products, risk modeling software, and industry research. Founded in 1912, Conning has offices in Boston, Cologne, Hartford, Hong Kong, London, New York and Tokyo.
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