bnp paribas to regroup its expertise in asset management under the brand name bnp paribas investment partners

Published June 3rd, 2007 - 09:51 GMT
Al Bawaba
Al Bawaba

In just a few years, BNP Paribas’ Asset Management has achieved widely recognised expertise across a range of innovative products and new markets. These specialised capabilities have now been brought together under the brand name of BNP Paribas Investment Partners, to offer investors easy access to all the latest innovations in asset management. BNP Paribas Investment Partners provides the Asset Management division of BNP Paribas with an additional asset to strengthen its position as a key player in multi-specialist asset management.

The creation of the BNP Paribas Investment Partners (BNPP IP) brand name reflects extensive changes in the asset management industry: the pace of development has risen sharply under the impact of hedge funds and private equity, as well as the complexity of techniques and investment products, and the proliferating opportunities in new markets. Over the last five years, BNP Paribas’ asset management division has seen double-digit growth in business and profits in direct consequence of diversifying its offer through the launch of innovative investment strategies.

The fundamental, structured and index-linked management products offered by BNPP AM and FFTW (Fastest Fourier Transform in the West) have gradually been strengthened by new expertise in alternative management, wealth management and multi-management. The Group’s dynamic investment policy also means that BNP Paribas Investment Partners is a significant partner in new markets (Brazil, China, South Korea, India, Morocco, and Turkey).

“BNP Paribas Investment Partners is a multi-specialist, whose growth rests on high levels of expertise. In order to offer our clients the most innovative solutions, we have devised a unique partnership model which successfully combines the advantages of a leading player with the operational autonomy and entrepreneurial spirit of our partners, in order to guarantee our clients excellence and performance”, said Gilles Glicenstein, Head of BNP Paribas Investment Partners.

“With BNP Paribas Investment Partners, our clients have the best of both worlds: the strength and solidity of a leading bank group and the flexibility of a pool of recognised specialists in asset management” added Alain Papiasse, Head of the Asset Management and Services division of BNP Paribas.

BNP Paribas Investment Partners, a unique platform of expertise
With 2,100 professionals in 28 countries serving clients across 67 countries, BNP Paribas Investment Partners is currently one of the best-performing asset management specialists, with $462 billion under management.

BNP Paribas has been operating in the Gulf for over 34 years with a presence in five Gulf countries (Bahrain, United Arab Emirates, Qatar, Kuwait and Saudi Arabia). The teams also cover Oman and Yemen. BNP Paribas in the region accounts for approximately 480 employees. The Regional Management is based in Bahrain which is the regional hub for BNP Paribas in the Gulf.

BNP Paribas Group Overview
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization. It has 150 000 employees, almost 120 000 of whom are based in Europe. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.