Axa is studying options for its investment manager and has been contemplating a combination with BNP Paribas' asset manager, a joint venture that would have total assets under management of about €1.4 ...
AXA is an insurance company, deriving 25% of its revenue from France. The focus on insurance is set to increase with the divestment of its asset management unit, AXA IM. AXA has outperformed iShares ...
By Mathieu Rosemain and Mathias de Rozario PARIS, Jan 22 - BNP Paribas plans to cut around 1,200 jobs at its asset management ...
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BNP Paribas SA is seeking to eliminate about 1,200 positions as it completes the integration of the asset management unit Axa ...
Global insurer AXA’s IM business had around €844 billion in assets under management as of the end of 2023 with its IM Alts unit accounting for more than one-fifth of that. Affiliate title Private ...
BNP Paribas SA is in exclusive talks with Axa SA to buy the insurer’s asset management unit for €5.1 billion ($5.5 billion), a move that will create one of Europe’s largest money managers. The ...
By Mathieu Rosemain and Mathias de Rozario PARIS, Jan 22 - BNP Paribas plans to cut around 1,200 jobs at its asset management unit by the end of 2027, or about 20% of the division’s workforce, as part ...
AXAhas disbanded the position of chief investment officer in light of the investment management roles performed by its partners Alliance Capital Management and Bernstein Investment Research. Incumbent ...
From equities and debt to commodities and credit, the financial world is a scary-looking place for investors. Plenty of black spots can be found in real estate: everyone knows about the problems in US ...
BNP Paribas BNP-0.05%decrease; red down pointing triangle entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term partnership for 5.1 billion euros ...
TOKYO—More money is set to flow into European assets and away from American ones—particularly toward corporate bonds—as political uncertainty clouds the U.S. policy outlook ahead of the presidential ...