BNP AM

The sustainable investor for a changing world

Diversified Loan strategy

Key features

A diversified portfolio of loans to creditworthy households and small businesses

Managed by a specialised and dedicated team of investment professionals

Monthly liquidity with a 91-day notice period

Investment philosophy 

We seek to generate stable returns through market cycles by selectively investing in quality loans across selected geographic areas, lenders, and loan categories. To do so, we focus on finding the right originators, selecting the right loans, and purchasing on the right terms.

Investment process

Our Diversified Loan Strategy follows a conservative and prudent investment process:

  • Targeting and screening
  • Due diligence
  • Investment decision
  • Portfolio construction
  • Ongoing monitoring

Team and resources

Our Diversified Loan team is based in Amsterdam and led by Tonko Gast, who has over 25 years of industry experience. The team is part of Dynamic Credit Group, which joined BNP Paribas Group in 2022.

The team has extensive experience in analysing and managing granular loan portfolios. They benefit from access to our Private Assets investment division, Sustainability Centre, Quantitative Research Group, Macro Research team, and the wider BNP Paribas network.

Disclaimer:

Private assets are investment opportunities that are unavailable through public markets such as stock exchanges. They enable investors to directly profit from long-term investment themes and can provide access to specialist sectors or industries, such as infrastructure, real estate, private equity and other alternatives that are difficult to access through traditional means. Private assets do, however, require careful consideration, as they tend to have high minimum investment levels and may be complex and illiquid.
Past performance or achievement is not indicative of current or future performance. Performances 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.
  • Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).
Environmental, social and governance (ESG) investment risk: The lack of common or harmonised 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.
Private assets are investment opportunities that are unavailable through public markets such as stock exchanges. They enable investors to directly profit from long-term investment themes and can provide access to specialist sectors or industries, such as infrastructure, real estate, private equity and other alternatives that are difficult to access through traditional means. Private assets do, however, require careful consideration, as they tend to have high minimum investment levels and may be complex and illiquid.