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BNP Paribas WM’s new FMP a hit with investors in risk-off mode

Gabriel Chan, BNP Paribas WM

Fixed maturity plans (FMPs) are making a comeback after a period in the doldrums, with HNW clients chipping into a recent launch by BNP Paribas Wealth Management as they search for more stable returns and a hedge against inflation. The private bank’s 2025 floating rate FMP tranche, which is available to its Asia clients, was launched in August and closed…

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