BNP Paribas launches green bond sub-fund

BNP Paribas Asset Management has launched a green bond sub-fund that will target investments with a positive environmental impact.

Currently valued at €100 million, the Parvest Green Bond sub-fund will invest in bonds used to finance projects designed to mitigate or address climate change issues.

Fund manager Arnaud-Guilhem Lamy said: “The rapid expansion of the green bond market means that it is now diversified enough to offer a genuine investment solution.” 

The sub-fund is benchmarked against the euro-hedged Bloomberg Barclays MSCI Global Green Bond Index and is currently registered for sale in Austria, France, Germany, Luxembourg and the United Kingdom.

Parvest Green Bond is a sub-fund of the Luxembourg-domiciled Parvest Ucits Sicav Fund.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST