AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure. Whilst this is ongoing, we will continue to operate two seperate websites both branded BNPP AM. Learn more. 

Product Convergence

An optimal fund range combining the best of both worlds

Our approach

Our approach to product convergence is simple: combine the strongest strategies from both platforms into a single, comprehensive range across all asset classes.

We are preserving the track records of our best strategies while aligning pricing, ESG and risk frameworks. Funds are being integrated in two ways:

Simplification – removing overlap: we’ve reviewed the range and have identified some overlap.

Harmonization – practical alignment of the range: we’re also aligning ESG methodologies, fee structure, naming and branding, as well as asset service provision. This will make our products more intuitive for clients and enable more seamless switching between umbrella funds.

What you can expect and when

Simplification and harmonization activity have started for ETF and mutual funds in June and will continue over the coming months.

We have robust plans in place to keep things running smoothly, and where documentation is being updated, we will be taking steps to avoid any unnecessary disruption.

If you are impacted, we will aim to inform you early of operational changes and formal legal notice will take place a month in advance.

Our relationship manager and client services teams are fully briefed and ready to support you through the changes.

The strength of our combined platform lies in the breadth and depth of our offering. But with that breadth comes the need for a streamlined, intuitive range with clear naming. By optimizing the range, we’re bringing the best of our capabilities together and making it easier for clients to navigate and use.
Nicolas Deschamps Global Head of Product Strategy

The outcome

1.
Broader

Our range will have 90% market coverage1

  • Scope ETF and Mutual funds: Rankings from Broadridge fund file as of July 2026, Europe & International Region, excluding feeders & index.
2.
Better

More than 143 funds with 4 & 5 stars2 (Morningstar rating)

  • Scope ETF and Mutual funds Institutional & retail share classes, Morningstar as of end of May 2026 (Morningstar Rating Overall Rating).
3.
Stronger

101 funds with <1 bn €3

  • BNPP AM as of end of May 2026 (Morningstar Rating Overall Rating)

    AXA IM and BNPP AM are progressively merging

    AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure

    AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.