| Updated:
BNP Paribas offloads Artemis
Asset management boutique Artemis has been sold to 17 of its fund managers and US-based Affiliated Management Group for an undisclosed sum by owner BNP Paribas. The deal puts an end to nearly two years’ uncertainty after the firm was first put on the market by Fortis, the European bank that owned a majority stake, in 2008.