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Why inflation linked bonds are a good way to add duration
Inflation has been slowing After inflation reached a 4-decade high in 2022 in the USA, the UK and the € Area, the disinflation process has started. Headline i...
Bank of Japan policy update: A question of when, not if
Key points Inflation has risen considerably in Japan, with CPI reaching a 41-year high of 4.3% in January. Improving wage dynamics indicate price rises may be m...
Shifting the natural cost curve: The role of investors in protecting biodiversity
Key points: Human activity, alongside climate change, has led to increased loss of biodiversity Sustainable agricultural practices, and the protection of...
Biodiversity Q&A: Understanding a powerful new investment theme
As biodiversity becomes an increasingly important part of the global agenda – and of investment strategies – we tackle 10 of the most fundamental questions...
A tough backdrop allows ESG to show its worth
Runaway inflation, geopolitics and market volatility conspired to ensure 2022 was a year of significant challenges. In response, corporates could have simply sh...
US industrial policy to spearhead new wave of growth and innovation
Key points: Recent US legislation should usher in a new era for investment in key areas such as infrastructure, clean energy, technology, automation, and transp...
The Pitfalls of the Inflation Blame Game
We fail to see the upside for the ECB in focusing on profit margins as a key factor behind inflation persistence Deposit migration is a normal feature – but n...
Royal Cash and Limited Convictions
Markets are less volatile than two weeks ago. There have not been any more bank failures. Bond yields are low, and stocks are up on the month and the year. Yet...
Pulling the Liquidity Thread
US banks are now in full “precautionary mode”, but the Fed may be reconciled with a credit crunch, as long as it’s not too disruptive The ECB cannot rely...
How it ends
This is not 2008. However, markets have had their confidence in banks rocked, and investors have had to digest significant losses in both equity and credit mark...
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AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure
AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.