BNP Paribas Asset Management (BNPP AM) is combining its two quantitative portfolio management business lines. Quantitative Fixed Income and Quantitative Equity will be brought together as the Quantitative Portfolio Management team, which will combine quantitative management across bonds and equities, and have assets of more than é 13 billion.

BNPP AM is combining the two business lines as part of a plan to grow quantitative management and to simplify its organisational structure.

The new team will be headed up by Olivier Laplénie, who will retain his current position as head of Quantitative Fixed Income, supported by Laurent Lagarde, who retains his responsibilities as head of Quantitative Equity.

Denis Panel, head of Multi-Asset, Quantitative & Solutions (‘MAQS’) at BNPP AM, said: “Our MAQS platform has continued to grow since its creation in 2017, with our quantitative product offering developing significantly.  The new organisational structure will improve the visibility of this strategic activity, enabling us to better leverage our strengths and grow assets.  I look forward to a continued close working relationship with Olivier and Laurent, both of whom are highly experienced within quantitative management”.