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Product Convergence

An optimal fund range combining the best of both worlds

Our approach

Our approach to product convergence is simple: combine the strongest strategies from both platforms into a single, comprehensive range across all asset classes.

We are preserving the track records of our best strategies while aligning pricing, ESG and risk frameworks. Funds are being integrated in two ways:

Simplification – removing overlap: we’ve reviewed the range and have identified some overlap.

Harmonization – practical alignment of the range: we’re also aligning ESG methodologies, fee structure, naming and branding, as well as asset service provision. This will make our products more intuitive for clients and enable more seamless switching between umbrella funds.

What you can expect and when

Simplification and harmonization activity have started for ETF and mutual funds in June and will continue over the coming months.

We have robust plans in place to keep things running smoothly, and where documentation is being updated, we will be taking steps to avoid any unnecessary disruption.

If you are impacted, we will aim to inform you early of operational changes and formal legal notice will take place a month in advance.

Our relationship manager and client services teams are fully briefed and ready to support you through the changes.

The strength of our combined platform lies in the breadth and depth of our offering. But with that breadth comes the need for a streamlined, intuitive range with clear naming. By optimizing the range, we’re bringing the best of our capabilities together and making it easier for clients to navigate and use.
Nicolas Deschamps Global Head of Product Strategy

The outcome

1.
Broader

Our range will have 90% market coverage1

  • Scope ETF and Mutual funds: Rankings from Broadridge fund file as of July 2026, Europe & International Region, excluding feeders & index.
2.
Better

More than 143 funds with 4 & 5 stars2 (Morningstar rating)

  • Scope ETF and Mutual funds Institutional & retail share classes, Morningstar as of end of May 2026 (Morningstar Rating Overall Rating).
3.
Stronger

101 funds with <1 bn €3

  • BNPP AM as of end of May 2026 (Morningstar Rating Overall Rating)

    Disclaimer

    BNP Paribas Group's acquisition of AXA Investment Managers was completed on 1 July 2025, and AXA Investment Managers is now part of BNP Paribas Group.

    This website is published by AXA Investment Managers Australia Ltd (ABN 47 107 346 841 AFSL 273320) (“AXA IM Australia”) and is intended only for professional investors, sophisticated investors and wholesale clients as defined in the Corporations Act 2001 (Cth).

    This publication is for informational purposes only and does not constitute investment research or financial analysis relating to transactions in financial instruments, nor does it constitute on the part of BNP Paribas Asset Management or its affiliated companies an offer to buy or sell any investments, products or services, and should not be considered as solicitation or investment, legal or tax advice, a recommendation for an investment strategy or a personalized recommendation to buy or sell securities.

    Market commentary on the website has been prepared for general informational purposes by the authors, who are part of AXA Investment Managers. This market commentary reflects the views of the authors, and statements in it may differ from the views of others in BNP Paribas Asset Management.

    Due to its simplification, this publication is partial and opinions, estimates and forecasts herein are subjective and subject to change without notice. There is no guarantee forecasts made will come to pass. Data, figures, declarations, analysis, predictions and other information in this publication is provided based on our state of knowledge at the time of creation of this publication. Whilst every care is taken, no representation or warranty (including liability towards third parties), express or implied, is made as to the accuracy, reliability or completeness of the information contained herein. Reliance upon information in this material is at the sole discretion of the recipient. This material does not contain sufficient information to support an investment decision.

    All investment involves risk , including the loss of capital. The value of investments and the income from them can fluctuate and investors may not get back the amount originally invested.