Asset Management

BNP Paribas AM backs private assets push despite pressures on sector

BNP Paribas AM created a €30bn private assets business last year that now employs over 100 people

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'The democratisation of private assets is very real,' said UK chief Roger Miners Photo: Michael Walter/Troika

BNP Paribas Asset Management's UK chief continues to see private assets as an attractive play, despite valuations coming under pressure and a regulatory crackdown. 

Roger Miners told Financial News that client flows this year have been strongest in its money market funds and ETFs  — a trend he sees continuing well into 2024 — but European investors are also continuing to position toward private assets.

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