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Last updated: March 31, 2026, 8:30 AM ET

Asset Management Integration

Aligning disparate capital streams is the top priority for BNP Paribas following its acquisition of AXA IM, according to CEO Isabelle Scemama, who stressed that the merged alternatives business requires unified treatment across all asset classes BNP Paribas’ Scemama: ‘You can’t treat the capital differently’.