May 24, 2017 / 8:53 AM / 2 months ago

BNP Paribas rebrands asset management arm, details strategy to grow business

1 Min Read

PARIS, May 24 (Reuters) - French bank BNP Paribas detailed on Wednesday a strategy to allow its asset management arm to grow assets by 5 percent annually between now and 2020, and to speed up its development in Germany, China and the United States. "We are investing in a scalable platform on which to base our future growth globally and achieve sustainable long-term success," Frederic Janbon, chief executive of BNP Paribas Asset Management said in a statement.

It will rebrand BNP Paribas Investment Partners to BNP Paribas Asset Management as of June 1. (Reporting by Maya Nikolaeva; Editing by Sudip Kar-Gupta)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below