Bringing you live news and features since 2006 

BNP Paribas AM launches actively-managed US Small Cap Equity mutual fund


BNP Paribas Asset Management (BNPP AM) has launched a US Small Cap Equity actively managed mutual fund, shortly following the launch of the Emerging Markets Total Return Fixed Income mutual fund in December 2017.

The BNPP AM US Small Cap Equity Fund seeks long-term capital appreciation by investing in a diversified portfolio of quality companies. The fund will aim to identify companies that have competitive advantages which have the potential to sustainably grow their earnings, in an attempt to produce attractive long-term risk adjusted returns. The team exploits opportunities by developing differentiated views based on market inefficiencies and in-depth research.
The fund is co-managed by Pamela Woo (pictured), Head of US Equities for BNPP AM and Geoffry Dailey, CFA, Senior Portfolio Manager for BNPP AM. They are part of a dedicated seven-member investment team that averages 16 years of investment experience and has USD951 million in AUM for US Small Caps (as of 31 December 2017). The team also manages mid- and large cap US equities with a total of USD3 billion AUM (as of 31 December 2017). Total equities AUM for all of BNP Paribas Asset Management is USD110 billion.
The fund is low-cost and actively managed featuring attractive initial expense ratios of 0.75 per cent for institutional shares; 0.90 per cent for investor shares; and 1.15 per cent for retail shares.
The BNPP AM US Small Cap Equity Fund is now available for investment under the following tickers: Institutional Shares: BNPUX; Investor Shares: BNPVX and Retail Shares: BNPWX.
“Our mutual funds offer a practical and cost-efficient way to assist in building an actively managed diversified portfolio. They feature the benefits of our institutional money managers, while drawing on the best ideas of our fixed income and equity teams across a broad, global investable universe. The result is the potential for attractive risk-adjusted returns in an asset class that is in great market demand,” says John Barletta, Head of Wholesale Distribution at BNP Paribas Asset Management North America.

Latest News

Franklin Templeton launches the firm’s first multi-asset ETF, Franklin Income Focus ETF, on NYSE Arca under the ticker INCM. INCM..
Digitial asset and fintech business Fineqia International has announced that its analysis of global ETPs with digital assets as underlying..
SESAMm, a provider of big data and artificial intelligence solutions for investment professionals, and Compass Financial Technologies, the Swiss-based independent..
Representatives of the European financial and insurance sector, AMICE, EACB, EAPB, EBF, EFAMA, ESBG, EUSIPA, Insurance Europe have commented on..

Related Articles

Ryan McCormack, Invesco
Invesco’s Nasdaq 100 ETF, QQQM, is enjoying quite the run of success in terms of asset inflows, with USD2.9 billion...
The European thematic fund market presents interesting opportunities for asset managers and ETF issuers, particularly in the passive sphere, according...
Stephanie Miller Pierce, BNY Mellon
The three-year anniversary of BNY Mellon Investment Management’s launch of ETFs was marked by the quarter one growth of 172...
South Korea Flag
The overall trend in retail subscriptions to mutual funds in Korea is shifting gradually toward ETFs, as exchange-traded offerings have...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by