Asset Management

BNP Paribas eyes ETF push in UK wealth market

Paris-headquartered asset manager has ambitions to grow its market share in the UK’s ETF sector by targeting wealth firms

BNP Paribas Asset Management says wealth managers are warming to the idea of passives
BNP Paribas Asset Management says wealth managers are warming to the idea of passives Photo: Nathan Laine/Getty Images

BNP Paribas Asset Management wants to bolster the number of wealth managers that use its products in the UK, with the French group anticipating greater demand for passive investments.

“We’ve clients in the wealth management world that are keen to use the advantages of ETFs,” said Miriam Breen, head of business development for ETF and index solutions across the UK and Ireland at BNP Paribas Asset Management.

WSJ Logo