The Best Private Bank – Alternative Investments award recognises BNP Paribas Wealth Management for its broad range of alternative investment products and expertise of the dedicated alternative investment and private equity investment advisory team.
With a team of about 50 specialists located globally, BNP Paribas Wealth Management's Alternative Investments team covers products ranging from hedge funds, ‘newcits', private equity, real estate and strategic asset allocation to art advisory, philanthropy and responsible investments, offering clients a comprehensive universe of solutions.
Commenting on the award, Asian Private Banker said, “Asian Private Banker judged BNP Paribas Wealth Management to be the worthy recipient of this year's Asian Private Banker Best Private Bank – Alternative Investments award, because it has responded with innovation and flexibility to the intrinsic complexities of selling alternative investments to Asian clients.”
Mr. Olivier Maugarny, Global Head of Investments Services at BNP Paribas Wealth Management said, “We are particularly pleased to have been recognised for our global leadership in alternative investments. It is an area in which our clients are showing increasing interest, across a broad and robust range of highly specialised services, as diversified as French rural property, private equity and ‘newcits'”.
BNP Paribas Wealth Management clinches the Best Private Bank - Taiwan award with its dedicated onshore office, range of products, and ability to tailor solutions to meet clients' unique needs. This is the second consecutive year that BNP Paribas Wealth Management has won this award.
Since starting operations in Taipei and Kaohsiung, Taiwan, in April 2005 and June 2007 respectively, BNP Paribas Wealth Management has been providing wealth management solutions to high net worth individuals, unlisted companies and non-profit organisations.
Commenting on the award, Asian Private Banker said, “BNP Paribas Wealth Management is Taiwan's widest distributor of funds; it has a well-regarded income advisory; and, it is quick to satiate client needs, as evidenced by its premier offering of RMB products. Together, these competencies and offerings add up to one formidable wealth management package, clearly justifying BNP Paribas Wealth Management as the winner of the Asian Private Banker Best Private Bank – Taiwan award for 2012.”
Mrs. Mignonne Cheng, Chairman and CEO of BNP Paribas Wealth Management Asia Pacific said, “We are very honoured to receive these awards from Asian Private Banker. Winning both awards is an excellent recognition for our commitment and ability to serve our clients. At BNP Paribas Wealth Management, we mobilise our professional bankers and advisors leveraging the extensive resources of the BNP Paribas Group, to provide our clients with a wide range of wealth management solutions.”
Now in its second year, nominees for the Asian Private Banker Awards for Distinction were judged based on the qualitative and quantitative material submitted by the institution. The judging panel used a point-based system and its expert analysis to determine the best suited institution for each award category.
These awards add to BNP Paribas Wealth Management's luminous industry recognitions:
Private Banker International 2012
- Outstanding Private Bank Europe – Winner
- Outstanding Global Private Bank – Highly Commended
- Best Private Bank in Hong Kong (Foreign)
The Banker 2012
- Best Private Bank in France
- Best Private Bank for Philanthropy
Asiamoney Private Banking Poll 2012
- No. 4 “Best Global Private Banks in Asia “ as voted by HNWIs with US$25m+ AUM
- No. 2 “Best Private Bank in Singapore” as voted by HNWIs with US$25m+ AUM
- No. 2 “Best Private Bank in Taiwan” as voted by HNWIs with US$25m+ AUM
- No. 3 “Best Private Bank in Taiwan” as voted by HNWIs with US$1-5m AUM
- No. 3 “Best Private Bank in China” as voted by HNWIs with US$5-25m AUM
- No. 3 “Best Private Bank in China” as voted by HNWIs with US$1-5m AUM
- No. 3 “Best Private Bank in India” as voted by HNWIs with US$25m+ AUM
- No. 3 “Best Private Bank in India” as voted by HNWIs with US$5-25m AUM
Euromoney Private Banking Poll 2012”
- Best Private Bank in France, Luxembourg
- 3rd Best Private Bank in Western Europe
About BNP Paribas Wealth Management (www.wealthmanagement.bnpparibas.com)
BNP Paribas Wealth Management is the world's 7th largest private bank, present in some 30 countries. Over 6,000 professionals, based in every major financial centre, provide a private investor clientele with solutions for optimising and managing their assets. The bank has €265 billion worth of assets under management (as at end September 2012)
About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in 80 countries with nearly 200,000 employees, including more than 150,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending.
BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.