BNP Paribas Strengthens Investment Platform with New Strategy Focused on Alternatives ETFs and Institutional Growth

(IN BRIEF) BNP Paribas has unveiled its 2030 Strategic Plan for its Asset Management platform, targeting significant growth following the integration of AXA Investment Managers and the expansion of assets under management to over €1.6 trillion. The strategy focuses on strengthening alternatives, scaling active management and ETFs, expanding institutional partnerships, and growing retail and wealth management segments. Financial targets include €350 billion in net inflows, steady asset growth, improved efficiency, and a near doubling of pre-tax income by 2030. Supported by cost and revenue synergies as well as the integration of artificial intelligence across operations, the plan aims to position BNP Paribas as a leading European investment platform while contributing to the Group’s broader financial and strategic objectives.

(PRESS RELEASE) PARIS, 18-Mar-2026 — /EuropaWire/ — BNP Paribas has presented its 2030 Strategic Plan for its Asset Management platform, outlining a roadmap to strengthen its position as a leading European investment powerhouse and support the Group’s broader ambition of achieving a 13% Return on Tangible Equity by 2028.

Following the acquisition of AXA Investment Managers, BNP Paribas Asset Management has reached a new level of scale, now overseeing more than €1.6 trillion in assets. The expanded platform offers comprehensive coverage across asset classes and benefits from a diversified mix of investment strategies and distribution channels, positioning it for sustained growth across multiple client segments.

The Group’s integrated model—combining origination capabilities with a wide-reaching distribution network—provides a strong foundation for further expansion. BNP Paribas Asset Management has already established leading positions in alternative investments, long-term savings solutions, and exchange-traded funds, with the ETF segment identified as a key growth area.

The 2030 strategy is structured around four core priorities: reinforcing its leadership in alternative assets, accelerating the development of active management and ETF offerings, deepening partnerships with insurance and institutional clients, and expanding its presence in retail and wealth management markets.

Financially, BNP Paribas is targeting substantial growth over the 2025–2030 period. The plan includes a goal of approximately €350 billion in cumulative net inflows, alongside annual asset growth exceeding 5% independent of market performance. Revenues are expected to grow at around 4% annually, driven by increased assets under management and operational synergies, while maintaining stable operating expenses. Efficiency improvements are projected to reduce the cost-to-income ratio to below 60%, with pre-tax income expected to nearly double and return on notional equity surpassing 65% by 2030.

To support these ambitions, the Group plans to deliver approximately €150 million in revenue synergies and €400 million in cost savings by 2029. These gains will be achieved through platform integration, optimisation of product offerings, and enhanced operational efficiency.

Technology will play a central role in the strategy, with BNP Paribas deploying artificial intelligence across its investment and service processes. Applications will range from client advisory and portfolio construction to back-office operations, enabling greater scalability, improved performance, and enhanced client experience.

Sandro Pierri, CEO of BNP Paribas Asset Management, described the plan as a new phase of transformation driven by favourable long-term trends in savings and investment. He highlighted the Group’s ability to connect investors with opportunities in both public and private markets while supporting economic and societal transitions.

Renaud Dumora, Deputy Chief Operating Officer and Head of Investment and Protection Services, emphasised the strategic importance of the asset management business within the Group’s broader ecosystem. He noted that the platform’s scale, expertise, and integration within BNP Paribas’ One-Bank model will be key to unlocking future growth and supporting clients across evolving market conditions.

About BNP Paribas

Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has over 180,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. The Group has a historic footprint in four eurozone markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

Media contacts:

Thomas Alexandre
Investment & Protection Services
Payments
Mobility
+33 (0)6 02 19 48 69
thomas.alexandre@bnpparibas.com

Giorgia Rowe
Corporate & Institutional Banking
Economic research
+33 (0)6 64 27 57 96
giorgia.rowe@bnpparibas.com

SOURCE: BNP Paribas