Overview
BNP PARIBAS ASSET MANAGEMENT UK Limited (“BNPP AM UK” or the “Firm”) is the
main UK entity of BNP PARIBAS ASSET MANAGEMENT (“BNPP AM”), the asset
management business line of BNP Paribas Group. As of 31 December 2023, BNPP AM UK had
approximately $ 51.62 billion of assets under management, with no non-discretionary assets.
The asset management business line comprises several specialist companies, each with a distinct
investment philosophy and business scope.
BNPP AM UK operates as the hub in the UK asset management structure and has three main
focus areas:
• Providing multi-expertise in investment management capability
• Providing a global sales and sales support function for the asset management business line
• Providing a central services support platform for the other asset management companies.
BNPP AM UK is a 100%-owned subsidiary of BNP PARIBAS ASSET MANAGEMENT
Holding SA (“BNPP AMH”). Its various activities are fully integrated in the overall functional
organisation of the business line. Thus, its fund management teams operate as part of the global
fund management structure, while its sales and marketing teams are responsible
for promoting
and distributing the entire range of products on offer within the BNP Paribas Asset Management
business line globally to their respective client base.
As illustrated in the organisational chart below, BNPP AM UK is wholly owned by BNP
PARIBAS ASSET MANAGEMENT Holding SA, which is owned by, among others, BNP
Paribas SA (“BNPP”) with a 66.56% interest and BNP Paribas Fortis SA (“BNPP Fortis”) with
a 28.37% interest. BNPP owns 99.935% of BNPP Fortis.
BNP PARIBAS SA
BNP PARIBAS ASSET MANAGEMENT
Holding SA
BNP PARIBAS ASSET MANAGEMENT
UK Limited
(Registered IA)
BNP PARIBAS FORTIS SA
66.56%
100%
99.935%
28.37%
BNPP is a publicly owned bank organised in France engaged in global financial activities.
BNPP AM UK is part of BNPP’s asset management business, within BNPP’s Investment &
Protection Services division. BNPP AM is one of the major players in the investment
management industry with assets under management totalling US $ 596 billion (as of 31
December 2023), comprised of over 3,200 employees in more than 30 countries (including joint
ventures).