IPE institutional market survey: Managers of French institutional assets 2026

July/August 2026 (Magazine)

Assets managed on behalf of French institutional investors reached €2.3trn at the end of 2025, just shy of 1% higher than the previous year. Growth last year was flat and has been trending down since 2023. With over €818bn of assets, Amundi is the leading manager of French institutional assets in terms of AUM

Thanks to its merger with AXA Investment Managers, BNP Paribas Asset Management (BNPPAM) climbed from fifth to third place in the ranking last year, overtaking Ostrum Asset Management. BNPPAM is also the largest manager of French pension fund assets, a competitive market in spite of the relatively small size of overall assets – €165.6bn at the end of 2025.

Full data access 
This summary shows headline data. The full dataset includes more detailed data on individual managers and is available to subscribers at ipe.com/research. To subscribe to IPE visit ipe.com/membership and for further information about the research or to participate in future surveys, contact [e-mail].