Attica Bank entered into two strategic partnerships with BNP Paribas Asset Management and JP Morgan Asset Management for the distribution of Mutual Funds (MFs) of the two lenders from its network.
Attica Bank will initially have four MFs of BNP Paribas Asset Management and five MFs of JP Morgan Asset Management, giving its clients the opportunity to invest in shares of mutual funds abroad in cooperation with the two houses.
As stated in the bank’s announcement, Attica Bank, emphasizing sustainability and investments based on ESG criteria, will also have MFs of the two international organizations, which strengthen “green investments” and support environmental projects , are highly rated in sustainable development and ESG practices.
“Attica Bank is strengthening the portfolio of products available to its customers, with the aim of further responding to their needs and expanding the investment options it offers them in the context of the implementation of its new strategic plan”, it is pointed out.
BNP Paribas Asset Management currently manages €488bn of assets (€605bn of assets under management and advisory) and benefits from the expertise of around 500 investment professionals and around 400 client service specialists, serving private, corporate and institutional clients in 69 countries. In Greece, it has over 90 Undertakings for the Collective Investment in Transferable Securities-UCITS MFs based in Luxembourg covering a wide range of geographical areas and investment categories.
JP Morgan Asset Management has a total of around 2 trillion under management. euros including UCITS Mutual Funds based in Luxembourg. In Greece it has more than 100 A/K.
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