BNP Paribas Asset Management Launches Euro Multi Factor Equity Fund

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Euro Multi Factor Equity, a Eurozone equity quantitative stockpicking strategy.  Launched on 18 September, Euro Multi Factor Equity expands the range of multi factor funds managed by BNPP AM's quantitative equity management teams within its Multi Asset, Quantititative & Solutions (MAQS) investment division.

Following the success of its global, US and European multi factor equity strategies, BNPP AM has continued to develop its multi factor offering for investors through the addition of a Eurozone equity strategy and now has one of the largest multi factor fund ranges available, six of which obtained the French ISR label[1] in April 2019.  With ESG (Environmental, Social and Governance) criteria integrated into its stock selection process, Euro Multi Factor Equity also aims to achieve the same certification.

Stock selection is based on a multi factor approach, incorporating momentum, quality, valuation and low volatility.  It uses a quantitative approach to analyse fundamental indicators and market data to identify those securities with the best return prospects, while controlling a set of risk criteria.

Laurent Lagarde, Head of Quantitative Equity Management at BNP Paribas Asset Management, comments:

“This launch strengthens our multi factor fund offering and enables us to offer a broad range of multi factor funds, all with the SRI label, to investors seeking returns.”

 Gregory Taieb, Head of Quantitative Investments at BNPP AM, adds:

“The addition of Euro Multi Factor Equity means that we are now able to offer investors a full range of multi-factor funds that incorporate ESG criteria, meeting the growing demand in this area of the market.”