BNP Paribas IP adds multi-asset EM income fund

Added 26th September 2016

BNP Paribas Investment Partners has launched its first multi-asset income fund focusing on emerging markets.

BNP Paribas IP adds multi-asset EM income fund

The Parvest Multi-Asset Income Emerging is a sub-fund of Parvest Ucits V Sicav, an open-ended investment company incorporated under Luxembourg law.

The fund aims to meet client demand for alternative sources of income and those wishing to increase their emerging market exposure.

It aims to target stable and regular income by allocating across emerging market asset classes and regions. Exposure will be to equities, local sovereign debt, external sovereign debt, corporate debt, currencies, and commodities.

It is managed using a top-down, macro-based fundamental active asset allocation process, combined with bottom-up active security selection at the asset class level.

Income a scarce commodity

Colin Graham, chief investment officer of multi-asset solutions at BNPP IP, said: “In the current environment of sustained low interest rates and negative government bond yields, income is an increasingly scarce commodity and emerging markets can offer attractive higher-yielding investment opportunities.

“Market dispersion has risen of late, meaning that not all emerging markets are equal. The emerging markets universe consists of multiple asset classes, each with different risk and return profiles and different behaviours, depending on the economic cycle.

“By combining our established multi-asset income capabilities with the first-hand knowledge and understanding of emerging markets that our strong local presence gives us, we are able to identify what we consider to be the most attractive income opportunities from across these asset classes in order to meet the needs of our clients.”  

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Kirsten Hastings

Senior Reporter

Kirsten is a senior reporter for International Adviser, covering global news stories about the financial services industry. She joined Last Word Media in October 2015 after two years working as a reporter covering the staffing and recruitment industry. Kirsten has a Masters in Financial Journalism from the University of Stirling. 


The turning tide of global equities

The turning tide of global equities

Despite a gloomy beginning to the year, global equities have started to outshine the backdrop of economic malaise that threatened their upward trajectory, with the index delivering 19.2%


Ashburton International
Ashburton International

Ashburton Investments is a new generation investment...



Offshore Bond Workshop Glasgow 2016
Offshore Bond Workshop Glasgow 2016

22nd November 2016
The Grand Central Hotel, Glasgow

Future Advisory Forum Dubai 2016
Future Advisory Forum Dubai 2016

23rd November 2016
Shangri-La Hotel, Dubai 

Sponsored Content

Investment Strategy