BNP Paribas announces the launching of BNP Paribas Asset Management, which will have assets under management with a value of EUR 1,6 trillion. The entity is the result of a combination of three different asset managers, namely BNPP REIM, AXA IM and BNPP AM.
Tag: BNP Paribas
BNP in Talks to Buy Axa Investment Managers in $5.5B Deal
BNP Paribas is to acquire AXA SA’s asset management unit in a €5.1 billion deal, which would create one of Europe’s largest money managers with roughly €1.5 trillion in assets overseen.