BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV
The pair of investment managers once combined would have a joint €1.5 trillion in assets under management.
The pair of investment managers once combined would have a joint €1.5 trillion in assets under management.
The TRADE catches up with Laurent Clavel, global head of multi-asset at AXA Investment Managers, to discuss the impact of geopolitical risks on different asset classes, the impact of elections this year, as well as how volatility alters trading strategies.
Move comes as part of the firms’ commitment to adapt to technological developments to benefit their client base.
The opening buy-side keynote of Fixed Income Leaders 2022 from BNP Paribas Asset Management and Axa trading heads focused on how data and connectivity are influencing an evolving marketplace.
A gap in the market created by the squeezing of margins and the need for significant investment in execution and middle-office activities led AXA to offer outsourced trading.
Godefroy de Colombe, CEO of AXA’s Direct Assurance business, will take on the role later this month in Paris.
Andrea Rossi will step down as CEO of AXA IM in December and become strategic advisor to his replacement Gérald Harlin.
Asset managers express concerns over additional regulatory reporting burdens in addition to current requirements for MiFID II and AIFMD.
Nicolas Moreau to join HSBC GAM from German asset manager to replace Sri Chandrasekharan.
The increasing use of artificial intelligence and machine learning systems among buy-side firms is in danger of creating a hype bubble – The TRADE examines where asset managers are currently using these technologies to optimise their trading strategies and what pitfalls firms must avoid to (eventually) foster a harmonious trading between man and machine.