440 billion EUR
0.33% - 2.42%
If you plan to invest in ETFs, you must have heard about BNP Paribas and considered it an option. But what exactly is BNP Paribas?
In the world of Exchange-traded funds or ETFs, the ETF issuer or provider plays an important role. Since the market begins and ends with the issuer, understanding it is crucial for you as an investor.
Let's get into it!
BNP Paribas (BNP Paribas S.A.) is a French international banking group. It's also the world's 8th largest bank by total assets. Further, it operates with a presence in 72 countries.
BNP Paribas is a product of merging two banks, Banque Nationale de Paris (BNP) and Paribas. The company is in the first market of Euronext Paris and a component of the Euro Stoxx 50 index.
BNP Paribas has a total of 55 ETFs. They cover many kinds of ETFs. For instance, 43 ETFs are bonds, 5 are commodities, 2 are real estate, 5 are money market.
If you plan on investing through its ETFs, you'll have comprehensive options in BNP Paribas.
BNP Paribas has 440 billion euros worth of assets under management in the year 2019. It comes through diversified products. Among these are equity, fixed income, and convertibles, multi-asset, etc.
With such an AUM, BNP Paribas can be a great option to consider should you plan on investing in ETFs.
BNP Paribas covers many funds, but they do have a hedge fund should you ever plan to invest in such. In fact, BNP Paribas boasts of the best hedge fund after receiving the Funds Europe Awards in 2019 for being the European Hedge Fund Administrator of the year.
In general, a hedge fund is an investment company that invests its clients' money in alternative investments. It tries to either beat the market or hedge against unforeseen market changes.
BNP Paribas offers great promise with its significant experience and performance. Thus, it can be wise to take a more in-depth look into the company and conduct further research.
Isn't BNP Paribas right for you? Check its best alternatives.