BNP Paribas aims to double its asset management results by 2030

BNP Paribas unveils its 2030 Strategic Plan for its Asset Management platform, aiming to double its pre-tax profit by 2030. With the acquisition of AXA IM, the group now manages more than 1,600 billion euros of assets, operating a wide range of strategies and distribution channels in Europe.

The plan rests on four pillars: strengthening leadership in alternative assets, developing active management, expanding institutional partnerships, and accelerating growth with Retail and Wealth Management clients. The group aims for asset growth of more than 5% per year and an improvement in the cost-to-income ratio to below 60%.

The technological capabilities will be enhanced by artificial intelligence, thereby increasing the platform's performance.