BNP Paribas AM joins RIAA
BNP Paribas Asset Management has announced it is strengthening its commitment to responsible investment by joining the industry body representing responsible, ethical and impact investors, the Responsible Investment Association Australasia (RIAA).
BNP Paribas Environmental Equity Trust has been certified by RIAA, which indicated that the trust was independently verified as “true to label,” according to the company, as it implemented a detailed responsible investment process for all investment decisions and met the performance and holding disclosure requirements.
NBPP AM Australia chief executive, David Grybas, stressed that the move followed the company’s alignment with local investors demanding sustainable products and who were looking to invest responsibly.
“Through the BNP Paribas Environment Equity Trust’s ‘deep green’ environmental investment strategy, BNPP AM Australia is now offering a sustainable investment option with a ten-year strategy track record,” he said.
The trust is domiciled in Australia and is currently available to Australian and New Zealand investors, with the minimum investment amount of A$25,000.
AUTHOR
Oksana Patron
Recommended for you
ETF investors would be wise to consider global or European exposure for their equity ETF allocations, according to AXA IM, with US government action expected to hit both its equity and bond performance.
A specialist ETF provider is seeking to become “the new Betashares” with its active ETFs, thanks to its use of algorithms to achieve outperformance.
Platinum Asset Management has entered into binding terms for a merger with L1 Capital with the firm to be renamed upon completion
Prime Value Asset Management has launched a retail fund investing in microcap companies, a new version of its existing wholesale offering.
