Who we are
We are a leading European multi-specialist in conviction-based asset management, solutions, and sustainable finance.
LBP AM is a leading asset manager in France and in Europe in the management of listed assets (investment in listed companies for over 30 years) and real and private assets (financing of the real economy since 2012).
Our vision: As an asset manager, we believe that finance has a role to play in building a sustainable future.
Our promise: strong convictions, innovative solutions
Our raison d'être
Enhance financial, natural and human capital and support the sustainable transition of our clients
Key figures*
€68
billionin assets under management
333
employees
4
Investement expertises
€39 billion
Institutional investors
€16 billion
Private clients – LBP network
€12 billion
Distributors, multi-managers, fund selectors
€1 billion
Private asset management
*LBP AM, Tocqueville Finance and LFDE perimeter at 12/31/2023
Our values
Consistency
Act consistently in the interests of our stakeholders, clients and employees.
Exigency
- Act with rigour and obtain results
- Help everyone to achieve his or her full potential
- Adapt with agility
Initiative
- Facilitate risk-taking
- Drive change
- Foster the emergence of new ideas
Responsability
- Assume fully responsibility
- Embody the values we advocate
Team spirit
- Encourage cross-functionality
- Cooperate as a single team
- Value the contribution to collective projects
Our history
A history spanning more than 30 years
It all began back in 1988 under the Sogéposte brand. At the end of the 90s, the management company demonstrated its commitment to responsible finance with the launch of its first ethical funds. This conviction was reaffirmed in 2003 with the creation of an SRI (Socially Responsible Investment) department.
Development in Europe
In 2015, Aegon Asset Management, a leading European shareholder, acquired a 25% stake in the company. This marks the start of the marketing of the products of La Banque Postale Asset Management in Europe.
In that same year, La Banque Postale Asset Management acquired 100% of Fédéris Gestion d'Actifs, a subsidiary of Malakoff Médéric, an acquisition that would enable it to strengthen its offering, particularly in corporate private debt.
The choice of 100% SRI
In 2018, La Banque Postale Asset Management acquired Tocqueville Finance, a recognised “boutique” in conviction management, particularly Small & Mid Caps and Value.
A new page in the company's history was also turned in 2018 with the founding choice to become 100% SRI by 2020, an ambition that materialised 2 years later with all of its open-ended funds labelled ISR [SRI] (French government label).
In October 2020, La Banque Postale Asset Management will sell its "vanilla" Fixed Income business to Ostrum, to concentrate, with its subsidiary Tocqueville Finance, on 100% SRI multi-specialist conviction management.
2023, a new story
In 2023, our image is changing, and so are our ambitions. La .Banque Postale Asset Management is pooling its forces and resources under a new visual identity and a new name: LBP AM. This choice affirms our attachment to our shareholder, La Banque Postale, and responds to several challenges: modernising, supporting our visibility, strengthening our model as a pioneering multi-specialist SRI manager and continuing our growth in France and in Europe.
In the same year, LBP AM has acquired 100% of the capital of La Financière de l’Echiquier. This operation creates a key player in conviction-based asset management in France and Europe. .
Our ambitions are changing, as is our image
In 2023, La Banque Postale Asset Management becomes LBP AM, with a new visual identity.
In 2023, the company will step up its development with the acquisition of La Financière de l'Echiquier, a growth accelerator for third-party distributors in France and Europe. At the same time, LBP AM is expanding its range of real and private assets.
These developments are fully in line with its history and reflect its DNA: a player on the move, capable of renewing and adapting as well as of innovating for its customers, while remaining focused on its primary mission: to put its convictions at the service of financial, environmental and social performance.
LBP AM, strong convictions, innovative solutions
