BNP Paribas Asset Management launches thematic multi-asset fund to invest in global trends
BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Multi-Asset Thematic, an innovative fund investing across BNPP AM’s range of thematic strategies.
A sub-fund of BNP Paribas Funds Luxembourg SICAV, BNP Paribas Multi-Asset Thematic is an internationally-diversified fund offering exposure to major global structural trends by combining allocations to equity and fixed income.
Our future is being shaped by powerful long-term trends, with environmental challenges such as climate change, population growth and changing living standards raising important questions about sustainability. In addition, digital and technological transformation are catalysts for innovation in many areas, such as healthcare and energy transition. These major driving forces that are changing the world of today and tomorrow offer considerable investment opportunities, and BNP Paribas Multi-Asset Thematic aims to take advantage of these sources of long-term growth by investing in companies that are designing innovative solutions.
BNP Paribas Multi-Asset Thematic capitalises on a combination of three key themes:
• Sustainability: energy transition, environmental protection, sustainable consumption and social issues related to inclusive growth;
• Innovation and disruptive technology: opportunities offered by digital transformation and healthcare innovation;
• Geopolitics and economics: transitioning to a post-pandemic world and China's role in the global economy.
BNP Paribas Multi-Asset Thematic offers flexible multi-asset allocation, diversified globally by region and sector, adjusted according to market conditions. The strategy combines exposure to equity markets (around two thirds of the portfolio) with lower volatility fixed income exposure (around one third) in order to mitigate risk and allow the fund to target an attractive risk/return ratio.
The fund is invested across BNPP AM’s range of actively-managed thematic funds, as well as ETFs, and may also include exposure to externally managed strategies in order to access specific thematic diversification. It benefits from BNPP AM’s wide-ranging expertise, enabling simultaneous investment in funds such as BNP Paribas Energy Transition, BNP Paribas Easy Blue Economy ETF, BNP Paribas Disruptive Technology and BNP Paribas Green Bond.
BNP Paribas Multi-Asset Thematic is managed within BNPP AM’s Multi Asset, Quantitative & Solutions (MAQS) investment group, with the investment team using an active and flexible allocation process to express strong convictions through a concentrated portfolio of thematic funds, while controlling overall allocation according to the desired risk level. The investment process combines BNPP AM's advanced quantitative analysis capabilities with dynamic assessment of market environments to take advantage of temporary cyclicality within themes.
Denis Panel, Head of MAQS, comments:
“The launch of BNP Paribas Multi Asset Thematic is aligned with our leadership in thematic investment, in particular across sustainable strategies, as well as our long-standing multi asset expertise. The fund is part of a new generation of thematic investment solutions, investing in equities as well as in a more innovative way in fixed income, and is exposed to the major structural trends of a globalised economy which are expected to shape the market in the future. It is expected to be of interest to savers as a first introduction to thematic investing."
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Key fund characteristics |
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Name |
BNP Paribas Multi-Asset Thematic |
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Legal structure |
Sub-fund of BNP Paribas Funds SICAV registered under Luxembourg law |
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Management company |
BNP Paribas Asset Management Luxembourg |
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Delegated management company |
BNP Paribas Asset Management France |
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Custodian |
BNP Paribas Securities Services - Luxembourg branch |
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Launch date |
17 May 2021 |
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Base currency |
Euro |
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Share classes and ISIN codes |
Classic Capitalisation - LU2308190763 Classic Distribution - LU2308190680 I Capitalisation - LU2308190250 Privilege Capitalisation - LU2308190417 |
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Registered for sale in |
Belgium, Cyprus, France, Greece, Italy, Luxembourg |
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Benchmark |
None |
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SFDR* |
Article 8 |
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SRRI score** |
4 |
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* According to the Sustainable Finance Disclosure Regulation, the fund is classified as Article 8 (products promoting environmental or social characteristics) ** Synthetic Risk and Reward Indicator, ranked on a scale of 1 (lowest) to 7 (highest) Source: BNP Paribas Asset Management These guidelines are provided for information only and are subject to change. |
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Contact
About BNP Paribas Asset Management
BNP Paribas Asset Management (‘BNPP AM’) is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. BNPP AM aims to generate long-term sustainable returns for its clients, based on a sustainability-driven approach. BNPP AM’s investment capabilities are focused around five key strategies: High Conviction Strategies, Private Assets, Multi-Asset and Systematic & Quantitative Investments (SQI), Emerging Markets and Liquidity Solutions, with investment processes incorporating quantitative and fundamental analysis.
Sustainability is core to BNPP AM’s strategy and investment philosophy. Among the leaders in thematic investment in Europe1, BNPP AM intends to contribute to the energy transition, environmental sustainability and the promotion of equality and inclusive growth globally. BNPP AM currently manages EUR 526 billion of assets (EUR 641 billion of assets under management and advisory) and benefits from the expertise of more than 500 investment professionals and around 400 client servicing specialists, serving individual, corporate and institutional clients in 68 countries.
Source: BNPP AM, as at 31 March 2023
1 Source: 2nd in Europe for active sustainable thematic strategies, according to BNP Paribas Asset Management analysis based on Morningstar data as at 31/12/2022.
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