We present numerical simulations, based on a mean-field calculation of the
equilibrium configuration, for the magnetization reversal process in magnet
ic multilayers consisting of a hard (h) phase with large anisotropy, exchan
ge coupled to a soft (s) phase with large magnetization. Starting from a tr
ilayer made of 50h/100s/50h layers, and using realistic Hamiltonian paramet
ers pertinent to epitaxial Sm-Co/Fe films, we separately investigate the ef
fect of (i) increasing nanostructuration, while maintaining constant the ov
erall hard/soft ratio, and (ii) decreasing the thickness of the hard phase,
while keeping constant that of the soft phase. We find that the exchange-b
ias field and the coercive field strongly increase upon increasing nanostru
cturation and that the maximum energy product (BH)(max) rapidly tends to th
e ideal value (2 pi M-sat)(2). In contrast, upon reducing the thickness of
the hard phase in a trilayer, the exchange-bias field and the coercive fiel
d remain nearly constant. Thus, combining both effects in an opportune way,
we are able to determine the most convenient composition in order to obtai
n a permanent exchange-spring magnet with high performance, i.e., very high
(BH)(max). [S0163-1829(99)02729-0].