BNP merges multi-management teams

French group BNP Paribas has centralised its multi-management teams in one independent investment company called Cortal Consors Fund Management.
“The new structure benefits from the distribution capacities of BNP Paribas Asset Management for B-to-B and Cortal Consors for B-to-C,” the bank says.
It adds that the new firm offers: analysis of external managers; fund advisory, selection and monitoring; investment management; management of French-domiciled funds and management of funds of funds and funds of managers. The firm has 20 specialists, covering all asset classes. “With this new organisation, CFM aims to accelerate its European development and double its assets within five years,” it says.
Cortal Consors operates in Belgium, France, Germany, Italy, Luxemburg and Spain. It has more than e12 bn in discretionary and advisory portfolios.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

  • QN-2506

    Asset class: Currency Overlay.
    Asset region: Global.
    Size: USD 4 bn..
    Closing date: 2019-02-11.

Begin Your Search Here