BNP Paribas Enters Into License Agreement With Richard Bernstein Advisors LLC
NEW YORK, NY -- (Marketwired) -- 08/07/13 -- BNP Paribas is pleased
to announce it has agreed to enter into a license agreement with
Richard Bernstein Advisors LLC (RBA) to utilize RBA's intellectual
property, specifically the Richard Bernstein Advisors American
Industrial Renaissance(SM) mark to offer select market-linked
Certificates of Deposit and Market Linked Notes.
Serge Troyanovsky, Managing Director and Head of Structured Products
Retail Distribution for BNP Paribas Securities Corp. commented, "We
are pleased to have entered into this license agreement with RBA and
believe that the Richard Bernstein Advisors American Industrial
Renaissance(SM) concept will offer value to our clients."
"We think the American Industrial Renaissance is one of the best and
least accepted growth stories in the world today," stated Richard
Bernstein, CEO of RBA. "Small and mid-cap domestically-focused U.S.
manufacturing and industrial companies are clearly starting to gain
market share. Yet, there are very few ways for investors to actively
invest in this exciting theme."
BNP Paribas plans to launch its initial product in September using
RBA's mark Richard Bernstein Advisors American Industrial
Renaissance(SM). Subsequent to the product launch additional
information will be available at
About BNP Paribas:
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80
countries with 190,000 employees, including 145,000 in Europe. It
ranks highly in its three core activities: Retail Banking, Investment
Solutions and Corporate & Investment Banking. In Europe, the Group
has four domestic markets (Belgium, France, Italy and Luxembourg) and
BNP Paribas Personal Finance is the leader in consumer lending. BNP
Paribas is rolling out its integrated retail banking model across
Mediterranean basin countries, in Turkey, in Eastern Europe and a
large network in the western part of the United States. In its
Corporate & Investment Banking and Investment Solutions activities,
BNP Paribas also enjoys top positions in Europe, a strong presence in
the Americas and solid and fast-growing businesses in Asia-Pacific.
Brokerage services and/or securities products are offered through BNP
Paribas Securities Corp., an affiliate of BNP Paribas, a U.S.
registered broker-dealer and a member of SIPC, FINRA, the NYSE and
other principal exchanges, whose primary office is at 787 Seventh
Avenue, New York, NY 10019.
About Richard Bernstein Advisors LLC:
Richard Bernstein Advisors LLC is an independent investment adviser
founded by Richard Bernstein in 2009, and began managing money in
mid-2010. RBA partners with several firms including Eaton Vance
Corporation, First Trust Portfolios LP, and UBS (among others) and
currently has $1.4 billion collectively under management and
advisement as of June 30, 2013. The firm is located at 120 West 45th
Street in New York City. RBA's investment insights as well as further
information about the firm and products can be found at
www.RBAdvisors.com. Financial Advisors and investors can also sign up
to receive on-going investment commentary.
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