Amundi’s boutique BFT Gestion has been rebranded as BFT Investment Managers.
The manager has plans to develop itself through Amundi’s networks and to enlarge its offer towards third-party distributors.
BFT Investment Managers sets a target to post €1bn inflows on long-term assets by end 2016.
The firm manages €23.4bn in assets as of 30 June 2015.
Institutional investors account for 46% of BFT’s clients followed by distributors (41%) and large companies (13%).