CPRAM and BFT IM join forces to create a new leader in active management in France

CPRAM and BFT Investment Managers announce their plans to join forces. This merger will create the 10th largest asset management company in France with around €100 billion in assets under management.

Thanks to the creation of this new entity, institutional investors, corporates and retail networks, and wealth advisors will access to a more diversified and specialized range of solutions. The new entity will offer the agility of a human-scale structure backed by Amundi (complementary group).

The combination is based on a shared culture and strong fields of expertise. Both CPRAM and BFT IM have placed clients at the heart of their activity and share strong values of innovation and commitment to accompanying transition and fostering Europe's strategic autonomy.

This new entity will build on CPRAM's recognized expertise in thematic and quantitative management and BFTM IM's leadership in fixed income, including Buy&Watch investment solutions and liquidity solutions.

Alice de Bazin, Chief Executive Officer of CPRAM, commented

Gilles Guez, Chief Executive Officer of BFT Investment Managers, added

The transaction is expected to be finalized by the end of 2025, after consultation with the employee representatives bodies. It is subject to regulatory and competition authorities approvals.