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Investment

BNP Paribas AM sells Arnhem stake, appoints new investment manager

BNP Paribas Asset Management has sold its 40% stake in Arnhem Investment Management ahead of the fund manager's closure, with the Arnhem Australian Equity Fund to be transferred to a specialist wholesale investor.

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Read more: BNP Paribas AM,  JCP Investment Partners,  Arnhem Australian Equity Fund,  Arnhem Investment Management,  BNP Paribas Asset Management,  BNP Paribas Australian Equity Benchmark Insensitive Trust,  Equity Trustees,  George Clapham,  Morningstar,  Neil Boyd-Clark