Active
On

BNP Paribas AM rebrands fund to 'Inclusive Growth'

BNP Paribas Asset Management has rebranded its Human Development Fund to the BNP Paribas Inclusive Growth Fund. The revamped fund focuses on reducing social inequalities, investing in around fifty stocks with a high social impact.

‘This theme of equality and inclusive growth is often perceived as being relatively secondary to other sustainable factors,’ notes Delphine Riou, ESG Analyst at BNP Paribas Asset Management.

Pictet-Human to capture consumer trends and subscription economy

Pictet-Human wants to invest in private services in the fields of education, leisure and healthcare. The new fund, which could be considered a ‘human counterpart’ of the asset manager’s flagship Robotics fund, invests in three themes with predictable future growth that should exceed 10% over the next three years.

'Balance sheets make the difference during market recovery'

Romain Boscher of Fidelity expects a sharp divergence in stock market performance during the recovery phase, with financial health as the decisive factor.

‘Earnings expectations continue to deteriorate rapidly, and we are now expecting a decline of at least 20% in the most favourable scenario, with a potential decline of 30-40% in the least favourable assumptions,’ says Boscher, Global CIO Equities at Fidelity International.