NEW YORK, NY--(Marketwired - Aug 7, 2013) - 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 www.marketlinkedproducts.bnpparibas.com.
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.