With an objective of 200 million euros for 2001 and one billion euros within three years, the mandate deals with the management of four balanced funds of funds offered in a life insurance contract. These funds provide different levels of risk-performance as a result of an increasing exposure to equities,
By selecting and combining theses funds of funds, BNP Paribas Asset Management proposes simplified access to the largest managers worldwide, while seeking to maximise performance and minimise risk.
This new business success reflects BNP Paribas Asset Management's leadership strategy in the multimanagement activity. It coincides with the Parselect launch in France, targeting distributors with a range of products, an Internet site, and a transactional platform.