BNP Paribas AM heads Novethic SRI conviction funds league table

Top 10 managers of SRI conviction funds (EURbn)

BNPP AM’s leading position was due to its water fund, BNP Paribas Aqua. This fund invests in companies whose business is focused on water – a sector expected to see many years of solid growth – including water treatment and recycling, infrastructure and waste water sanitation and pollution control.

Novethic published the league table in its latest “indicator report”, which covers 150 funds with assets totalling EUR 37.6 billion in assets that are sold in France and available to retail investors. Funds include companies that have been assessed on the basis of environmental, social and governance (ESG) criteria, and the rankings cover thematic funds with an environmental or social focus, as well as “best-in-class” funds, labelled SRI conviction funds by Novethic.

Click here to access the Novethic website.