European financial services giant BNP Paribas has released its 2030 plan for its asset management division, aiming to support the group’s goal of reaching a 13% return on tangible equity by 2028. For the period up to 2030, the division is reportedly aiming for cumulative net inflows of around 350 billion euro.
Following its acquisition of AXA Investment Managers in June 2025, BNP Paribas Asset Management now manages over 1.6 trillion euro, covering all asset classes and operating with varied strategies and distribution approaches. The acquisition was done to make the BNP Paribas Group the leading manager of long-term savings for insurers and pension funds in Europe, in addition to fulfilling goals like excelling in private asset fund collection and becoming one of Europe’s top providers of exchange-traded funds (ETFs).
By integrating the expertise of AXA IM, BNP Paribas Asset Management, and BNP Paribas REIM, the new platform now offers a diverse range of traditional and alternative assets, enhanced global distribution and improved innovation capabilities.
“The business intends to use the group’s integrated model, including origination and a broad distribution network, and maintains established positions in alternatives, long-term savings, and ETFs. The new strategy centres on four areas: broadening its presence in alternatives, expanding active management and ETFs, growing insurance and institutional partnerships, and increasing its retail and wealth management footprint,” reported Private Banker International.
BNP Paribas’ asset management targets also include more than 5% annual growth in assets under management, along with ensuring a revenue growth of around 4% per year from 2025 to 2030. It further plans to keep operating expenses steady during this timeframe, aiming for a cost/income ratio below 60% by the end of 2030.
According to BNP Paribas Asset Management’s roadmap, its pre-tax income is projected to nearly double by 2030 compared with expected 2025 levels, while Return on Notional Equity is expected to rise from 48% in 2025 to over 65% by 2030. The company expects approximately 150 million euro in revenue synergies and 400 million euro in cost synergies by 2029 through steps such as fund consolidation, platform integration, and efficiency improvements.
While stating about the venture’s plans to use AI across its investment processes and client service operations, BNP Paribas Asset Management CEO Sandro Pierri told the Private Banker International, “BNP Paribas Asset Management is entering a new phase of transformation and growth driven by structurally supportive trends on savings and investments. With our 2030 Strategic Plan, our ambition is to strengthen our position as one of the most powerful European investment platforms.”
“By combining quality and scale across public and private markets and the strength of the BNP Paribas ecosystem, we are uniquely positioned to connect savers and investors with all the opportunities of the real economy. Our mission is clear: deliver sustainable and resilient results for our clients while helping finance the economic transitions shaping the future,” Sandro Pierri concluded.