BFT Gestion becomes BFT Investment Managers
Amundi’s boutique BFT Gestion has been rebranded as BFT Investment Managers.
The manager has plans to develop itself through Amundi’s networks and to enlarge its offer towards third-party distributors.
BFT Investment Managers sets a target to post €1bn inflows on long-term assets by end 2016.
The firm manages €23.4bn in assets as of 30 June 2015.
Institutional investors account for 46% of BFT’s clients followed by distributors (41%) and large companies (13%).