CPRAM and BFT Investment Managers Announce Merger to Create France’s 10th Largest Asset Management Firm with €100 Billion in Assets Under Management

CPRAM and BFT Investment Managers Announce Merger to Create France’s 10th Largest Asset Management Firm with €100 Billion in Assets Under Management

(IN BRIEF) CPRAM and BFT Investment Managers are merging to create one of France’s largest asset management companies with €100 billion in assets under management. The merger will combine CPRAM’s expertise in thematic and quantitative management with BFT IM’s leadership in fixed income. The new entity, backed by Amundi, will offer a diversified range of solutions for institutional investors, corporates, and wealth advisors, leveraging the strengths of both organizations. The merger is expected to be finalized by the end of 2025, pending regulatory approvals.

(PRESS RELEASE) MONTROUGE, 14-May-2025 — /EuropaWire/ — CPRAM and BFT Investment Managers (BFT IM) have announced their plans to merge, forming the 10th largest asset management company in France, with approximately €100 billion in assets under management. This strategic merger aims to combine the strengths of both firms, creating a new leader in active management in France. The new entity will offer institutional investors, corporates, retail networks, and wealth advisors a wider range of diversified and specialized investment solutions.

The merger brings together CPRAM’s expertise in thematic and quantitative management with BFT IM’s strong leadership in fixed income, including Buy&Watch investment solutions and liquidity solutions. With the backing of Amundi, which remains a complementary partner, the new entity will maintain the agility of a human-scale structure while benefiting from the larger group’s resources.

Both CPRAM and BFT IM share a client-focused approach, strong values of innovation, and a commitment to supporting transition and fostering Europe’s strategic autonomy. The new company will leverage the combined expertise of both organizations to offer high-performing solutions and respond swiftly to the diverse needs of clients across various market cycles.

“We are excited about the prospects of this merger. By combining our strengths, resources, and brands, we are poised to accelerate our development in France and internationally,” said Alice de Bazin, CEO of CPRAM. Gilles Guez, CEO of BFT Investment Managers, added, “Pooling our research and innovation capabilities will allow us to deliver a clear and diversified offering with the agility needed to succeed in different market conditions.”

The merger transaction is expected to be completed by the end of 2025, subject to regulatory and competition authority approvals, as well as consultations with employee representatives.

About CPRAM

A subsidiary of Amundi, CPRAM is an innovative asset management company covering all asset classes (equities, fixed income, credit and multi-asset class management). It has been supporting its clients – institutional investors, companies, insurance companies, private banks, fund managers and wealth management professionals – for over 30 years.

With almost €60 billion in assets under management (at the end of December 2024), CPRAM is one of the pioneers of thematic investment.  Its human and agile culture fosters an in-depth understanding of megatrends and a constant commitment to innovation.

About BFT Investment Managers

With €40.6 billion[1] in assets managed on behalf of institutional clients and distributors, BFT Investment Managers is among the top ten management companies[2] in the French OPC market. For over 35 years, the performance of its investment solutions across all asset classes (money market, bonds, equities, and multi-assets), combined with a rigorous risk management approach, has been its primary mission. A subsidiary of Amundi, BFT Investment Managers combines the responsiveness of a human-sized company with the power of the European leader in Asset Management. True to the purpose of its parent group, BFT Investment Managers seeks “to act every day in the interest of its clients and society” by being a player in the sustainable financing of the economy.

Information

This communication is an advertising communication.

The information contained in this document is provided solely to enable journalists and press and media professionals to have an overview of the subject and whatever use they make of it, which is exclusively for independent editorial purposes, CPRAM and BFT IM accept no liability. The information contained in this document is dated 13 May 2025. This document is based on sources that CPRAM and BFT IM consider reliable at the time of publication.

Media Contacts:

Hubert SEGURA pour CPRAM
Head of Marketing Communication & International Business Dévelopment
+33 6 23 47 46 76
hubert.segura@cpram.com www.cpram.com

Agence FARGO for BFT Investment Managers
Féten BEN HARIZ  – +33 (0)6 16 83 64 06  @ fbenhariz@fargo.agency

SOURCE: CREDIT AGRICOLE