BNP Paribas AM appoints senior BDM


BNP Paribas Asset Management (BNP Paribas AM) has appointed Toby Coleman as senior business development manager within its institutional business team.
Coleman was Sydney-based and would focus on relationships with superannuation funds, government and financial institutions, insurance companies, and asset consultants.
BNP Paribas AM Australia chief executive, David Grybas, said: “We are pleased to welcome Toby to our already robust team. His knowledge of the market and experience in building relationships will enhance our ability to offer product solutions to clients across our broad range of investment expertise”.
Coleman began his career with Goldman Sachs Asset Management in London, before transferring to Australia in 2008. He was most recently a member of the institutional business team at Perpetual, and is a certified investment management analyst (CIMA).
BNP Paribas AM Australia had assets under management of over $10 billion as at 30 June across a range of investment solutions including global value equities, global emerging market equities, and infrastructure.
Recommended for you
Negative market movements, coupled with net outflows, have prompted a near $6 billion decline in Challenger’s funds under management for FY25’s third quarter.
The real estate investment manager has positioned the APAC region for future growth with an internal promotion to the newly created role of deputy head of Asia Pacific.
Clime Investment Management has welcomed an independent director to its board, which follows a series of recent appointments at the company.
Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter.