BNP Paribas Investment Partners has rebranded its global fund range of 106 funds with 35 billion assets under management under the firm’s Parvest brand.
The Parvest fund range has been restructured with new strategies and sales as well as advisory tools. The overhauled range will now be available to private bank clients and external distributors in the UK.
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BNP Paribas said that the rebranding will not result in any structural changes to the group’s fund offering as well as in the funds’ investment strategies.
The four new strategies include Nordic small/mid-cap equities, low-volatility emerging market equities, Russian bonds and European listed property.
As part of the restructure, funds have been grouped to several new themes that are responsible for investing with socially responsible investment, receiving higher returns, long-term investing, supplementing income, as well as diversifying investments.
Philippe Marchessaux, CEO of BNP Paribas IP, said: "The relaunched Parvest range provides our clients around the world with not only unique and easy access to the best investment expertise of BNPP IP and its partners, but also a whole new set of services to help them solve their investment issues."
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