Investing across the rapidly growing water value chain
The world’s water resources are under considerable strain, with an increasing gap between the supply and demand of water, as well as rising concerns about water quality and the stability of water infrastructure globally.
Addressing these issues will require significant capital investment in new technologies and services, in addition to greater policy support from regulators and governments, which could lead to long-term growth for well-positioned companies.
The fund targets best-in-class companies in the fast-developing water value chain that includes water infrastructure, water treatment and utilities
The fund’s flexible approach ensures broad, diversified exposure across regions, end markets and sectors
The fund invests in businesses whose revenue sources are aligned to UN Sustainable Development Goals while excluding those that are involved in controversial activities or practices
Team and expertise
BNP Paribas Aqua is managed by Impax Asset Management, one of the global leaders in environmental markets investing and a long-term partner of BNP Paribas Asset Management. Impax has offices in the UK, US and Hong Kong.
Hubert Aarts, 31 years of industry experience, Bruce Jenkyn-Jones, 30 years of industry experience and Justin Winter, 19 years of industry experience, are the lead portfolio managers. They are based in London.
Past performance is not indicative of current or future performance. Performances is calculated net of fees unless otherwise stated.
Any views expressed here are those of the author as of the date of publication, based on available information, and subject to change without notice. This material does not constitute investment advice.
Investments are subject to market fluctuations and the risks inherent in investments in securities. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial investment. There is no guarantee that the performance objective will be achieved.
Following the new Sustainable Finance Disclosure Regulation (SFDR) that came into force on March 10th 2021, BNP Paribas AQUA is categorised under Article 9.
Under this new regulation, financial entities such as BNP Paribas Asset Management who sell products into the EU are required to classify the products they manufacture or advise into three categories: Products with sustainable investment objective (Article 9), Products promoting environmental or social characteristics (Article 8) and Non-sustainable products (Article 6).
Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).
For a complete description and definition of risks, please consult the last available prospectus and KIID of the fund. Investors considering subscribing to a fund should read carefully its most recent prospectus and KIID that can be downloaded free of charge from our site.
BNP Paribas Asset Management seeks to integrate environmental, social and governance (“ESG”) factors into all of our portfolios as a means to mitigate certain short, medium and long-term financial risks, identify better long-term investments, and encourage more responsible corporate behaviour. We will never subordinate our client’s interests to unrelated objectives. Certain issuers and industries are excluded from our actively managed portfolios based upon our view of their ESG performance and risk profile. As a result, we may pass up certain opportunities when these excluded issuers or industries are in favour. Due to significant gaps in disclosure regimes around the world, we may need to rely upon voluntary disclosures by issuers, which are often not audited. We therefore may not have consistent access to complete, accurate or comparable information about the ESG performance of our holdings. Please consult the applicable offering document for more information about the specific ESG strategy employed by each investment strategy since a given strategy may not have specific ESG guidelines, and investments are not limited to securities that are ESG compatible.