BNP Paribas launches three sustainable trusts
BNP Paribas Asset Management Australia (BNPP AMAU) has launched three sustainable trusts including one focused on Chinese equities.
The Green Bond Trust, Earth Trust and China Equity Trust would expand the firm’s range of available sustainable investment options.
All three would meet the firm’s global sustainability strategy which ensured environmental, social and governance principles were adhered to within the investment process.
Chief executive of BNPP AMAU, David Grybas, said: “The demand for quality sustainable, ethical and impact investment products has continued to grow in Australia and New Zealand.
“BNPP AMAU is thrilled to offer additional capabilities that meet investor demand for sustainable investment solutions, and in the case of the China Equity Trust, provide investors with exposure to a key driver of global economic growth.”
Recommended for you
Having received bids from Bell Financial Group and AxiCorp, trading platform Selfwealth has confirmed it has entered into a scheme implementation deed after both parties were invited to make a higher bid.
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Ausbil has expanded its distribution team with the hire of a manager for investment research and consulting, following the exit of its head of wholesale distribution in July.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.