Good inflows into BNP Paribas’s Wealth Management division, driven by domestic and Asian markets, resulted in annual assets under management growth of 6.8% to €954bn (£728bn, $1.1trn) in 2015.
BNP Paribas Investment Partners, the asset management arm of BNP Paribas, and Asia-focused alternative investment firm Orion Partners have announced a strategic partnership.
Guenter Tschiderer, head of private wealth distribution North Asia for BNP Paribas Investment Partners (IP), is relocating from Hong Kong to Singapore to assume the newly-created role of head of private wealth distribution Southeast Asia.
An industry frustrated by the lack of clarity over MiFID II’s detailed requirements would welcome a year-long deferral.
Cost has become “ridiculously important” as more countries move towards an RDR model, argued BNP Paribas’s Julian Kramer during International Adviser’s Fund Links Forum on Thursday.
French asset management firm, BNP Paribas Investment Partners, has launched a fund which offers access to Chinese A shares through its renminbi qualified foreign institutional investor (RQFII) licence.
BNP Paribas Securities Services has formed an alliance with Ernst & Young and is now using the accountancy firm’s global distribution tool to help it tap into different markets.
BNP Paribas Investment Partners has enhanced its multi-asset offering with the recruitment of Matt Joyce as portfolio manager.
Investment management firm Baring Asset Management has appointed Edmund Chong as head of sales, client service and business development – distribution, Asia ex-Japan.
BNP Paribas Investment Partners has appointed Mike Woolley as head of external distribution, UK.
BNP Paribas chairman Baudouin Prot is to resign and the bank’s board will meet on Friday to decide on his replacement; according to media reports
Miles Le Cornu is to join Coutts on 8 September as head of private client trust services at Coutts Trustees in Jersey.
