Despite strong momentum behind the energy transition theme, much more investment is needed in targeted areas to achieve climate goals, according to BNP Paribas Asset Management (BNPP AM).
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Despite strong momentum behind the energy transition theme, much more investment is needed in targeted areas to achieve climate goals, according to BNP Paribas Asset Management (BNPP AM).
The firm is also expected to roll out two ESG-focused products in the Lion City.
Thematics AM now manages $1.3bn in thematic strategies since the firm launched in 2019.
The firm now manages $880m in China-focused thematic products in Hong Kong.
In March alone, $7bn in capital fled fixed income products, particularly from global and Asia-focused bond funds.
The thematic fund was first launched in Luxembourg last November and is now available to Hong Kong retail investors.
It is important for investors to understand if a theme is a valid strategy for the long-term or just a short-term fad, according to a Morningstar report.
The Geneva-based asset manager believes that strong investment returns can be earned without damaging the planet.
The firm is betting that Singapore investors will like five more thematic products that will sit alongside the glut of themed funds launched this year.
Pictet looks to the future with a promotion tour of Asia for its three multi-billion dollar security, digital and robotic funds.
Part of the Mark Allen Group.