Saturday, April 20, 2019 UTC

AGF Magazine - April 2019 issue

  • In a region where only a minority of the population has access to a bank account and SMEs struggle to get financial help from traditional banks, Albert Alsina, CEO and Founder of Mediterrania Capital Partners, explains how the PE industry is becoming a catalyst for the African Fintech ecosystem’s development, enabling large-scale banking and supporting entrepreneurs and SMEs in their expansion plans (pp. 10-12).
  • In this month’s issue of Africa Global Funds, we also caught up with Kenneth Kaniu, Britam Asset Managers CEO, to learn about their anchor investment in Tiserin Capital, and the needs and constraints of institutional investors in Kenya and East Africa (pp. 14-15).
  • On the infrastructure front, we hear from Moritz Breickmann, Investment Director at African Infrastructure Investment Managers (AIIM) who showcases some successful airport redevelopments in Africa. Read on to find why airport infrastructure projects on the continent can provide attractive long term returns to investors (p.17).
  • In this month’s issue we also learn that the FTIF Templeton Africa Fund was merged into the FTIF Templeton Frontier Markets Fund. We speak with Ahmed Awny and David Haglund about the Fund and its African investments (p.16).
  • Finally, Rob Childs, Head of International for Prescient Fund Services shares his views on the global distribution challenges facing African fund managers and why the firm decided to domicile their offshore fund range in Ireland (p. 22).
  • Subscribe Download
News > Funds > Launches

BNPP AM launches EM Equity Fund

Africa Global Funds
Oct. 1, 2018, 9:18 p.m.
968

Word count: 425

BNP Paribas Asset Management (BNPP AM) has launched a new Emerging Markets Equity mutual fund that will have exposure to South African equities.   The BNPP AM Emerging Markets Equity Fund seeks long-term capital appreciation by investing in quality companies at a compelling price over a long-term investment horizon. 

Receive ONE magazine and TWO locked articles of your choice for FREE when you register an account
Share:

BNP Paribas Asset Management (BNPP AM) has launched a new Emerging Markets Equity mutual fund that will have exposure to South African equities.
 
The BNPP AM Emerging Markets Equity Fund seeks long-term capital appreciation by investing in quality companies at a compelling price over a long-term investment horizon. 

Relative performance is driven by bottom-up stock selection through systematic management of macro risks. 

The Funds’s focus will be on quality resilient business models, coupled with a three-tiered approach to growth investments, resulting in a diversified performance profile. 

The approach is designed to provide ample downside mitigation with the potential to outperform in most market environments. 
 
The lead portfolio manager is Quang Nguyen, Head of Global Emerging Market Equities, who has over 19 years of investment experience and manages the fund from BNPP AM’s Boston office. 

Quang leads a dedicated seven-member investment team who oversee a total of USD $1.2 billion in assets under the same strategy as of June 30, 2018.  
 
Nguyen said: “Our team is very excited to enter into the US mutual fund space with the launch of our Emerging Markets Equity Fund. This favorable investment opportunity in emerging markets equity, which gained popularity at the beginning of the century, still exists today, but with a risk profile that has been converging with developed markets on several fronts.”

“We believe this new fund provides a viable investment solution for U.S. investors who want to capture this opportunity, with the diligence and care of an experienced team to hand select the highest quality businesses globally,” he added.
 
The BNPP AM Emerging Market Equity Fund is actively-managed and features competitive initial net expense ratios of 0.75% for institutional shares; 0.90% for investor shares; and 1.15% for retail shares.

This Fund joins the firm’s suite of recently launched mutual funds including: the Emerging Markets Total Return Fixed Income fund (launched Dec 2017) and the US Small Cap Equity fund (launched Jan 2018).
 
“These mutual funds are a natural step in the growth of our US capabilities and offer a practical and cost-efficient way to assist investors in building an actively-managed diversified portfolio. All three of our recently launched funds address both institutional and retail investors’ needs while meeting a growing demand for more flexible vehicles which leverage our specific areas of expertise in critical areas such as emerging markets,” said Daniel Klein, CEO of BNP Paribas Asset Management North America.
 
BNPP AM said it will be launching additional mutual funds in the coming months.  

Registration Login
Sign in with social account
or
Lost your Password?
Registration Login
Sign in with social account
or
Registration Login
Registration