Asset Management

BNP Paribas funds business weighs Asia ETF push

ETF growth across Asia has been rapid, but foreign asset managers face stiff competition from local players

Thursday 28 March 2024 at 09:32

The popularity of ETFs has boomed in Taiwan amid an upswing in demand for the investment products across Asia
The popularity of ETFs has boomed in Taiwan amid an upswing in demand for the investment products across Asia Photo: Chris McGrath/Getty Images

BNP Paribas Asset Management is eyeing entry into Asia’s fast-growing ETF sector, a move that would see one of Europe’s top players commence battle with dominant domestic rivals to win market share.

“We are considering the Asian market, where ETFs are booming,” Lorraine Sereyjol-Garros, global head of development for ETFs and index funds at BNP Paribas Asset Management, told Financial News.