BNP PARIBAS WEALTH MANAGEMENT
BNP Paribas Wealth Management supports entrepreneurs, family offices and high-net-worth individuals in their wealth management and financing projects. In Europe, BNP Paribas Wealth Management is developing its private banking activity alongside BNP Paribas’ commercial & personal banking entities. 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 strives to complement its responsible offering to align with the convictions of each of its clients in terms of sustainability.
With €462 billion in assets under management in 2024, 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 focuses its expertise on five core capabilities - high-conviction active strategies; emerging markets; private assets; systematic, quantitative & index; and liquidity solutions - with investment processes incorporating quantitative, fundamental and ESG research. In 2024, BNP Paribas Asset Management published its Equality Roadmap and launched two funds illustrating its commitment to sustainability: one dedicated to the net-zero transition and another, in partnership with International Woodland Company, to invest in sustainable forestry.
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 €285 billion(4).
BNP PARIBAS REAL ESTATE
BNP Paribas Real Estate provides support for its clients - institutional investors, property 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 23 countries with offices in 11 European countries, platforms in Hong Kong SAR, Dubai and Singapore, and a network of commercial alliances with local partners in Europe and the United States.
“In 2024, Investment & Protection Services accelerated its platformisation and its use of artificial intelligence, delivered solid organic growth and launched transformative external growth projects. These dynamics will enable the division to change dimension and better meet the expectations of its clients.“
OUR STRATEGY
As part of our strategic plan, IPS aims to become a leading European player in responsible protection, savings and investments. To this end, the division is ramping up the development of its service offering and strengthening its distribution networks.
IPS has thus set itself three priorities:
- accelerate financial savings development;
- capture growth in private assets;
- strengthen leadership in responsible investments.
OUR PROGRESS IN 2024
In a changing context, IPS has been able to adjust its modus operandi and its offering to better meet the needs of its clients by:
- strengthening franchises through the expansion of its Entrepreneurs & Families client base and the acquisition of Neuflize Vie (high-net-worth customers in France);
- consolidating distribution through a solid partnership dynamic for BNP Paribas Cardif and the successful start of the insurance partnership with BCC Iccrea in Italy;
- expanding its product offering with a strong pace of ESG and private assets fund launches by BNP Paribas Asset Management; confirming its positions on sustainability, as illustrated by the leadership of BNP Paribas Asset Management on SFDR Article 8 and 9 funds;
- accelerating its technological transformation, through the integration of artificial intelligence and the deployment of new tools for the savings customer journey.
In 2024, IPS also signed the planned acquisition of AXA Investment Managers, which represents a major strategic transformation.