FIM Asset Management, a Finnish asset management firm, is extending its reach through third-party distribution agreements with BNP Paribas Asset Management and Nomura Asset Management.

Niklas Geust, managing director, said FIM is adding external managers to its roster as it wants to complement its own expertise which is in Finland, Russia and the technology sector. He said FIM will offer a broad range of BNP Paribas funds as well as Nomura's expertise in Japan and the Far East. The deal is a first in Finland for both companies.