Napoleon Capital has collaborated with BNP Paribas Asset Management (BNPP AM) to roll out a new absolute return quantitative fund that will offer exposure to global equities.
Called Napoleon World Equities AR Dynamix Fund, the new vehicle provides access to a unique systematic index that is part of the Dynamix family, introduced by Napoleon Capital.
The index is based on a combination of data and artificial intelligence, using research from Napoleon Capital and a network of quantitative finance professionals.
The vehicle invests in the largest companies in Japan, the UK, and the Eurozone, along with major companies in the US tech market.
“Available since 3 September, the fund is one of the first resulting from the partnership between BNPP AM and Napoleon Capital, which began a few months ago,” BNP Paribas Asset Management noted.
The fund aims for maximum volatility of 10%.
Commenting on the new proposition, Napoleon Capital CEO Stéphane Ifrah said: “This fund represents the culmination of several years of development by Napoleon Capital, and the successful launch of a new form of product.
“We remain focused on quantitative management and are very pleased to have the support of a major player such as BNP Paribas Asset Management.”