The asset manager for a changing world
  • Home
  • IN TOUCH #303 – BNPP AM heads Novethic SRI Conviction Funds League Table

IN TOUCH #303 – BNPP AM heads Novethic SRI Conviction Funds League Table


BNP Paribas Asset Management

BNP Paribas Asset Management has been ranked first for a second successive quarter for assets under management in SRI conviction funds in France, according to recent analysis from Novethic, the French sustainable finance research company.

Top 10 managers of SRI conviction funds (EUR Bn):

BNP Paribas AM: 6.6

Pictet AM: 5.6

Mirova: 2.9

RobecoSAM: 2.6

Sycomore AM: 2.4

Lombard Odier IM: 2.2

La Banque Postale AM: 2.0

Amundi AM: 2.0

BlackRock: 1.1

NN Investment Partners: 0.9

BNPP AM’s leading position was due to its water fund, BNP Paribas Aqua. This fund invests in companies whose business is focused on water – a sector expected to see many years of solid growth – including water treatment and recycling, infrastructure and waste water sanitation and pollution control. Novethic published the league table in its latest “indicator report”, which covers 150 funds with assets totalling EUR 37.6 billion in assets that are sold in France and available to retail investors. Funds include companies that have been assessed on the basis of environmental, social and governance (ESG) criteria, and the rankings cover thematic funds with an environmental or social focus, as well as “best-in-class” funds, labelled SRI conviction funds by Novethic.

Click here to access the Novethic website



BNP PARIBAS ASSET MANAGEMENT France, “the investment management company,” is a simplified joint stock company with its registered office at 1 boulevard Haussmann 75009 Paris, France, RCS Paris 319 378 832, registered with the “Autorité des marchés financiers” under number GP 96002. This material is issued and has been prepared by the investment management company. This material is produced for information purposes only and does not constitute: 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 2.investment advice. Opinions included in this material constitute the judgement of the investment management company at the time specified and may be subject to change without notice. The investment management company is not obliged to update or alter the information or opinions contained within this material. Investors should consult their own legal and tax advisors in respect of legal, accounting, domicile and tax advice prior to investing in the financial instrument(s) in order to make an independent determination of the suitability and consequences of an investment therein, if permitted. Please note that different types of investments, if contained within this material, involve varying degrees of risk and there can be no assurance that any specific investment may either be suitable, appropriate or profitable for an investor’s investment portfolio. Given the economic and market risks, there can be no assurance that the financial instrument(s) will achieve its/their investment objectives. Returns may be affected by, amongst other things, investment strategies or objectives of the financial instrument(s) and material market and economic conditions, including interest rates, market terms and general market conditions. The different strategies applied to the financial instruments may have a significant effect on the results portrayed in this material.

On the same subject: