FEIFA and BNP Paribas commence affiliation

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The Federation of International Financial Advisers has announced a new partnership with BNP Paribas Asset Management.

FEIFA announced in a statement announcing the deal that the relationship with its members will be headed up by BNP Paribas Asset Management’s UK Ireland Offshore Wholesale Business Development Manager, Stuart Johnston.

It added that the deal is further evidence of UK-based investment management companies looking to build their asset base by distributing via advised business outside of the UK.

BNP Paribas Asset Management is the dedicated, autonomous asset management business of BNP Paribas, one of the world’s major financial institutions.

“We manage or advise on over €580bn, provide a full range of asset management services, and have a presence in more than 30 countries worldwide,” Johnston said. “We already work closely with financial advisers in many locations and are very much looking forward to working with FEIFA and its member firms across Europe.”

‘Professional development’

FEIFA CEO Paul Stanfield, (pictured above), said: “In keeping with our existing partners, BNP is committed to assisting us with the professional development and training activities that we provide to our membership. This was immediately seen by the company presenting at the recent FEIFA Spring Conference”.

FEIFA is a non-profit trade association and has partnerships with a wide range of companies, including all of the relevant international life companies, major asset managers, and the key international pension and trust companies. Its member companies are English-speaking advisory businesses, active across Europe and advising on cumulative assets in excess of €4bn.

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