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May 03, 2021 01:21 PM

BNP Paribas Asset Management names fixed-income CIO

Rob Kozlowski
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    Olivier de Larouzière was named chief investment officer for global fixed income at BNP Paribas Asset Management.

    Mr. de Larouzière, who will retain his current responsibilities as head of BNP Paribas Asset Management's global multistrategy product team, took on the CIO position on April 23, spokesman Quentin Smith said in an email.

    He replaces Dominick DeAlto, who left the money manager in April. Mr. Smith had no further information on his destination.

    BNP Paribas AM had €483 billion ($593.2 billion) in assets under management as of Dec. 31. BNP Paribas' fixed-income group had €168 billion in AUM as of that date.

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