BNP Paribas Asset Management launches thematic multi-asset fund to invest in global trends

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.

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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PRESS contact

BNP Paribas Asset Management

Sarah Marteleur

+32 (0)477 74 74 28

sarah.marteleur@bnpparibas.com

About BNP Paribas Asset Management

BNP Paribas Asset Management is the asset management arm of BNP Paribas, one of the world’s foremost financial institutions, and offers high value-added solutions to individual savers, companies, and institutional investors.  It has a broad range of skills in four investment divisions: Equities, Fixed Income, Private Debt & Real Assets, and Multi-Asset, Quantitative and Solutions (MAQS).  Sustainability is at the heart of BNP Paribas Asset Management’s strategy and investment decision-making process, making an active contribution to energy transition, environmental protection and the promotion of equality and inclusive growth.  Its aim is to achieve long-term sustainable investment returns for its clients. BNP Paribas Asset Management has assets under management of EUR 474 billion* (as at 31 March 2021), with more than 500 investment professionals and around 500 client servicing specialists, serving individual, corporate and institutional clients in 71 countries.

* EUR 609 billion of assets under management and advisory as of 31 March 2021

For more information please visit bnpparibas-am.com

Additional information

BNP PARIBAS ASSET MANAGEMENT UK Limited, ‘the investment company’, is authorised and regulated by the Financial Conduct Authority.  Registered in England No: 02474627, registered office: 5 Aldermanbury Square, London, England, EC2V 7BP, United Kingdom.

This material is produced for information purposes only and does not constitute:

1.         an offer to buy nor a solicitation to sell, nor shall it form the basis of or be relied upon in connection with any contract or commitment whatsoever or

2.         investment advice.

This material is issued and has been prepared by the investment company.  It contains opinions and statistical data that are considered lawful and correct on the day of their publication according to the economic and financial environment at the time.  This document does not constitute investment advice or form part of an offer or invitation to subscribe for or to purchase any financial instrument(s) nor shall it or any part of it form the basis of any contract or commitment whatsoever.

Whilst the fund described herein has been established as a UCITS (in accordance with the UCITS Directive) in Luxembourg, it has not been registered in the UK, therefore the promotion of this fund and the distribution of this document in the UK are accordingly restricted by law.

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As at  23 June 2021.