BNP Paribas takes stake in green manager

BNP Paribas Investment Partners, the asset management arm of the French banking group, has bought a stake in a UK environmental funds boutique to tap into retail demand for green investing.

BNP Paribas has bought a 29% stake in Impax, which is quoted on London's Alternative Investment Market and has about £1.1bn (€1.5bn) under management in a range of public and private equity funds, all focused on clean energy, water and waste.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line