Gilles de Vaugrigneuse

Gilles de Vaugrigneuse

Gilles de Vaugrigneuse remains Chairman of BNP PAM Group, the holding company for all the companies included in this Business.He will also be engaging in the development of several new projects for Asset Management.

Président : Gilles de Vaugrigneuse
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Directeur de publication du site : Gilles de Vaugrigneuse

BNP PARIBAS Asset Management, est titulaire des noms de domaine enregistrés " bnpparibas-am.com" et " mybnpparibas-am.com".

Gilles de Vaugrigneuse

"We are going to be strong in asset management as well," claims Gilles de Vaugrigneuse, BNP's director of asset management."We have the clients, we only need to organise our distribution to make it work."

Other French firms have made inroads in the Far East.Paribas Asset Management was the first continental European bank to get a license from Japan's Ministry of Finance in 1986, after which it raised $1 billion to manage from insurance companies.Societe Generale is also catching up: in January, it established a subsidiary in Singapore, called Societe Generale Asset Management Asia, with 12 people to start.In early April, SoGen signed an agreement with British bank Standard Chartered to sell their products in Asia and the Middle East.

Gilles de Vaugrigneuse remains chairman of the holding company, BNP PAM Group.He will also be engaging in the development of several new projects for Asset Management.

Gilles de Vaugrigneuse, Head of BNP Paribas Asset Management, added that: "The envisaged absorption of Caixa Funds into Parvest represent a compelling opportunity to develop a long-lasting business relationship with la Caixa, the leading institution in the Spanish financial industry by number of branches."