BNP Paribas IP Taiwan on multi-asset fund drive

Added 7th October 2016

The French asset manager remains positive about Europe, and reckons its markets can help Taiwanese finance a secure retirement.

BNP Paribas IP Taiwan on multi-asset fund drive

BNP Paribas Investment Partners this week launched its A Fund European Multi-Asset Income Fund in Taiwan, which is designed to cater for Taiwan’s demand for high yielding, solid retirement planning products.

“European markets provide potential investment opportunities within different asset classes which Taiwan investors have not been previously exposed to,” BNP Paribas IP Taiwan CEO Christine Jih said in a statement on Tuesday.

The fund, which it already distributes in Hong Kong and Singapore, invests in equities, real estate securities, government, investment grade and high-yield corporate bonds, convertibles and cash instruments.

“Local investors are seeking regular dividends and stable fund performance, which is also the major consideration when it comes to retirement planning,” a spokesman said.

The multi-asset strategy “targets both retail and institutional investors, especially those who expect a reasonable return with lower volatility and higher stability and who look for long-term retirement- planning products,” he continued.

Rising geopolitical risks in Europe following the Brexit referendum result in June and the recent travails of Deutsche Bank have not had a negative effect on the fund’s size. In fact, buyers stepped in during July and August, taking advantage of depressed share prices.

BNP Paribas IP currently sells 44 of its offshore funds in Taiwan.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address


FSA Investment Forums: Singapore & Hong Kong 2016

Singapore, Tuesday 25th October

Hong Kong, Thursday 27th October

FSA Investment Forum: Manila 2016

Wednesday 23rd November