Fixed income
We offer investors a diverse range of actively managed fixed income solutions, backed by over 60 years of asset class experience and more than 200 investment experts globally.¹
Why invest in fixed income?
Attractive income prospects
Bonds are typically viewed as higher-quality, lower-risk investments, compared to investments in stocks for example, that can provide a regular, steady income stream in the form of coupon payments.
Enhanced portfolio diversification
Fixed income can serve as an important portfolio diversifier due to the breadth and depth of global bond markets, offering investors exposure to opportunities across sectors, maturities, credit ratings, currencies, and geographies.
Capital preservation potential
Fixed income investments are generally considered less volatile than equities, offering possible capital preservation benefits and a buffer during market downturns.
Featured strategies
Global absolute return bonds
Target steady returns with access to a wide range of bond opportunities.
Learn moreGlobal income bond
Staying on course with income; achieving stable returns amidst volatility.
Explore fundUS high yield bonds
A flexible US high yield solution that seeks to generate higher total returns than the market through a concentrated, nimble portfolio.
Learn more Explore fundUS short duration
Short duration strategies can be used to mitigate interest rate risk, manage liquidity and enhance cash returns.
Explore fundEuro credit total return
A flexible euro credit strategy that navigates diverse market conditions with high-conviction investments via an active, dynamic asset allocation.
Learn moreEuro high yield bond
Focuses on high-quality issuers with strong financials, ensuring consistent performance, with deep research and analysis to identify undervalued opportunities across the European high yield market to deliver equity-like return
Learn moreOur expertise
Extensive track record
Since 1964, we have navigated the dynamic world of global fixed income through active allocation, effective duration management, and risk-adjusted issuer selection. Today, we offer a broad range of single-strategy, multi-strategy, and thematic solutions, including tailored insurance and pension investment management.
Integrating ESG2
Sustainability is paramount to us and ESG considerations are actively integrated into our investment process.3 This has led to the development of our proprietary Sustainable Bond Assessment Methodology to support our ESG4 scoring.
Qualitative & quantitative
We believe that combining of qualitative and quantitative techniques is a more powerful way to manage fixed income portfolios. By using both methods, we believe that we are able to diversify returns and generate a better risk-adjusted return profile through market cycles.
Our range of fixed income solutions
Whether the desired objective is a steady source of income, diversification, maintaining long-term value or total returns, we offer investors a broad and diverse range of actively managed fixed income solutions.
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Corporate credit
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Emerging fixed income
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Europe fixed income
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Global fixed income
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SRI[5] fixed income
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High yield
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Inflation-linked bonds
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Buy and maintain solutions
Discover our strategies
We are progressively merging and streamlining our legal entities to create a unified structure, bringing together all our asset management activities under a single brand. This means, for now, you will see BNPP AM related featured strategies and AXA IM related featured strategies.
Team and resources
We encourage and promote a culture of collaboration and diversity to foster synergy across our fixed income specialist teams, from ideation and research to portfolio construction. Our portfolio managers, backed by robust central research capabilities and sustainability expertise, benefit from the collective knowledge and industry experience of a a large team of fixed income experts, with a local presence in France, the UK, India, Malaysia, Hong Kong, Singapore, and the United States.
Team members enjoy access to company-wide resources including our global trading and risk management platform, dedicated Sustainability Centre, Quantitative Research Group, and Macro Research team.
Managed in fixed income assets6
Expanding our fixed income offering since 19647
Get in touch
Got a question? Our team is happy to help
[1,7] BNP Paribas Asset Management as of 30 September 2025. Rounding to the nearest whole number.
[2,3,4] ESG: Environmental, Social and Governance. ESG assessments are based on BNP Paribas Asset Management’s proprietary sustainable investment methodology, which integrates all three aspects of E, S and G.
[5] SRI: Sustainable & Responsible Investing
[6] BNP Paribas Asset Management as of 30 September 2025. Advisory to external clients and Joint Ventures included in AUM. AXA Investment Managers integrated as of 30 September 2025. Rounding to the nearest whole number.
Important information
This material is issued and has been prepared by BNP PARIBAS ASSET MANAGEMENT Asia Limited with its registered office at Suite 1701, 17/F, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong. This material has not been reviewed by the Hong Kong Securities and Futures Commission. It is produced for information purposes only and does not constitute:
- an offer to buy nor a solicitation to sell, nor shall it form the basis of or be relied upon in connection with any contract or commitment whatsoever or
- investment advice.
Investors considering subscribing for the financial instruments should read the most recent prospectus, offering document or other information for further details including the risk factors available from your local BNPP AM correspondents, if any, or from the entities marketing the Financial Instrument(s). Investors should consult their own professional advisors in respect of investment, legal, accounting, domicile and tax advice prior to investing in the funds in order to make an independent determination of the suitability of the consequences of an investment. Investments involve risks. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial investment. Past performance is not a guide to future performance.
Some of the services listed on this Website may not be available for offer to retail investors.
Past performance or achievement is not indicative of current or future performance. Performance is calculated net of fees unless otherwise stated.
Any views expressed here are those of the author as of the date of publication, based on available information, and subject to change without notice. This material does not constitute investment advice.
Investments are subject to market fluctuations and the risks inherent in investments in securities. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial investment. There is no guarantee that the performance objective will be achieved.
Fixed income sub-funds may be exposed to other risks defined below:
CAPITAL LOSS RISK: The value of the investments in Financial Instrument(s) and the returns generated by the described funds may go down as well as up. Investors may not get back the amount they originally invested.
INTEREST RATE RISK: The value of an investment may be affected by interest rate fluctuations. Interest rates may be influenced by several elements or events, such as monetary policy, the discount rate, inflation, etc.
CREDIT RISK: This is the risk that may derive from the rating downgrade of a bond issuer to which the sub-funds are exposed, which may therefore cause the value of the investments to go down. Sub-funds investing in high-yield bonds present a higher than average risk due to the greater fluctuation of their currency or the quality of the issuer.
COUNTERPARTY RISK: This risk relates to the quality or the default of the counterparty with which the Management Company negotiates, in particular involving payment for/delivery of financial instruments and the signing of agreements involving forward financial instruments. This risk is associated with the ability of the counterparty to fulfil its commitments (for example: payment, delivery and reimbursement). This risk also relates to efficient portfolio management techniques and instruments. If counterparty does not live up to its contractual obligations, it may affect investor returns.
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) INVESTMENT RISK: The lack of common or harmonized definitions and labels integrating ESG and sustainability criteria at EU level may result in different approaches by managers when setting ESG objectives. This also means that it may be difficult to compare strategies integrating ESG and sustainability criteria to the extent that the selection and weightings applied to select investments may be based on metrics that may share the same name but have different underlying meanings. In evaluating a security based on the ESG and sustainability criteria, the Investment Manager may also use data sources provided by external ESG research providers. Given the evolving nature of ESG, these data sources may for the time being be incomplete, inaccurate or unavailable. Applying responsible business conduct standards in the investment process may lead to the exclusion of securities of certain issuers. Consequently, the Sub-Fund’s performance may at times be better or worse than the performance of relatable funds that do not apply such standards.
This is not an exhaustive list of risks. For a full description of risks associated with each fund, please consult a client relationship manager or the global BNP Paribas Asset Management website: www.bnpparibas-am.com.