Leading wealth and asset management business lines
BNP PARIBAS CARDIF
BNP Paribas Cardif is a global leader in bancassurance partnerships. In collaboration with over 500 distribution partners, it designs, develops and markets savings and protection products to insure people and their property. It helps its policyholders to carry out their projects while protecting them against the vagaries of life. As a player committed to its partners, their customers and society, BNP Paribas Cardif’s mission is to make insurance more accessible. As an investor, it contributes to giving meaning to the investments of its policyholders and has set itself a target of allocating an average of €1 billion per year by 2025 to positive impact investments. The insurer has joined the Net-Zero Asset Owner Alliance and has committed to aligning its portfolios with a carbon neutrality trajectory by 2050.
#1 in the credit protection insurance market(1); €255 billion in assets under management at the end of 2023
BNP PARIBAS WEALTH MANAGEMENT
BNP Paribas Wealth Management supports its client base of entrepreneurs, family offices and high-net-worth individuals in their wealth management and financing projects. In Europe, it is developing with the backing of BNP Paribas’ commercial & personal banking. In all regions, notably in Asia, it also relies on the Corporate & Institutional Banking business lines to meet the most sophisticated needs of its Entrepreneur clients. As part of its ongoing drive for innovation, BNP Paribas Wealth Management continues to enhance its range of digital solutions to provide a customised client experience. It also ensures that it creates the right ecosystems to help clients reach their goals on sustainability.
With €415 billion in assets under management in 2023, BNP Paribas Wealth Management is a world-leading private bank and the leading private bank in the eurozone(2)
BNP PARIBAS ASSET MANAGEMENT
BNP Paribas Asset Management provides investment solutions integrating a sustainability approach to individual savers, corporate clients and institutional investors. It offers a range of specific expertise: high-conviction active strategies, liquidity solutions, emerging markets, multi-asset investments, systematic, quantitative & index, and private assets. In 2023, BNP Paribas Asset Management completed the acquisition of a majority stake in leading Danish natural resources specialist International Woodland Company, thus completing its natural capital offering. It also integrated the private asset management expertise of the IPS division into a dedicated business unit, Private Assets.
90% of the assets under management of its European open-ended funds are classified as article 8 or 9 within the meaning of the European SFDR regulation, equivalent to €254.2 billion(3)
BNP PARIBAS REAL ESTATE
BNP Paribas Real Estate provides support for its clients - investors, institutions, owners, corporate clients, local authorities, individuals, etc. - at all stages of the real estate asset life cycle: property development, transactions, consulting, valuation, investment management and property management. It operates in all asset classes, from offices to housing, including industrial premises, logistics, hotels and retail spaces. Committed to a sustainable and long-term approach, BNP Paribas Real Estate is recognised as a leading player in terms of social and environmental responsibility.
Active in 24 countries with offices in 11 European countries, platforms in Hong Kong (SAR China), Dubai and Singapore, and a network of commercial alliances with local partners
GTS 2025 : IPS' strategy and progress
Our 2025 strategy
As part of the GTS 2025 strategic plan, IPS aims to become a leading European player in sustainable savings, investments and protection. To this end, the division is ramping up the development of its service offering and strengthening its distribution networks.
IPS has defined three priorities:
- accelerate financial savings development;
- capture growth in private assets;
- strengthen leadership in responsible investments.
Our progress in 2023
Against a backdrop of high interest rates, IPS was able to pivot its diversified offering to support the changing needs of its clients.
In line with its strategic plan, the division:
- reinforced its client franchises: development of the Entrepreneurs & Families segment and acquisition of an insurance business in Italy;
- consolidated its distribution: solid partnership momentum at BNP Paribas Cardif, successful start of the BNP Paribas Asset Management joint venture in China;
- expanded its product offering: positive dynamics by the entity dedicated to private assets, success of the new listed sustainability funds;
- Strengthened its CSR positions: recognised quality of the investment process;
- boosted its operational efficiency and accelerated its technological transformation by integrating digitisation and artificial intelligence into its business processes and customer journeys.