Client Affairs
What's New In Investments, Funds? - BNP Paribas AM

The latest offerings in investments, such as funds and structured products, and other notable developments.
BNP Paribas
BNP Paribas Asset Management has launched an index fund giving
clients access to Chinese firms, doing so through an
environmental, social and governance-themed approach.
The firm, part of Paris-based BNP Paribas, has
launched the BNP Paribas Easy MSCI China Select SRI S-Series 10
per cent Capped UCITS ETF.
The ETF has been traded on Euronext Paris and Deutsche Börse
Xetra since 27 July. It gives investors access to large and
mid-cap Chinese companies with the best ESG profile in their
sector, using a “best-in-class” approach. The starting investment
universe is the MSCI China Index, consisting of approximately 750
stocks. The MSCI China Select SRI S-Series 10 per cent Capped
Index consists of around 100 stocks, with a maximum index weight
of 10 per cent.
In addition to ESG criteria, those companies which do not respect
the principles of the United Nations Global Compact or are
involved in ESG controversies are excluded from the index. The
same applies for companies involved in controversial weapons,
tobacco, adult entertainment, alcohol, gambling, genetically
modified organisms, nuclear power and fossil fuels.