BNP Paribas, Axa: Potential Joint Venture To Combine Total Asset Under Management to $1.5tn Explained

BNP Paribas and Axa are contemplating a joint venture that could create one of Europe’s largest asset managers, with combined assets under management of approximately $1.5 trillion.

This potential partnership would merge Axa Investment Managers with BNP Paribas Asset Management.

However, the discussions are still