London Stock Exchange celebrates BNP Paribas Asset Management’s debut UK ETF listings
Today, the London Stock Exchange celebrates BNP Paribas Asset Management’s debut ETF [Note 1] listings on the London Stock Exchange.
BNP Paribas Asset Management (BNPP AM), a top 10 UCITS ETF provider in Europe, lists for the first time four ESG [Note 2] equity ETFs on the London Stock Exchange. These ETFs are the sub-funds of BNPP AM’s ICAV, which was created at the start of 2023 and comes in addition to the existing French and Luxembourg SICAVs. This exciting step will allow access to a broader range of international clients while leveraging the benefits of the UK’s deep ETF market pool and contribute to growing their global footprint. These 4 ESG equity ETFs showcase BNPP AM’s range of ETF capabilities across the ESG spectrum. They are aligned with clients’ needs, with a diversified range from light green to dark green ETFs. These include SRI [Note 3] PAB [Note 4] and thematic products. Along with this listing, BNPP AM has recently hired Miriam Breen as ETF & Index UK and IRE Sales Manager to support their growing ambition.
“These landmark listings mark the realisation of a journey two years in the making, which began when we decided to set up the ICAV, and are the result of an important collective effort across BNPP AM. The UK is an integrally important market for us and listing on the LSE will allow us to have a much broader reach. I am very excited to welcome Miriam, who will help support business expansion on the ground. Her wealth of experience will help to harness this momentum and drive our ETF journey into even greater territory in the coming months and years.”
Lorraine Sereyjol-Garros
Global Head of Business Development ETF & Index Solutions
About BNP Paribas Asset Management:
BNPP AM manages ETFs and index funds assets totalling €51.9 billion, including thematic and sustainable products. 90% of BNPP AM’s ETF range is classified as SFDR Article 8 or 9 and more than 70% of the range has a European sustainability label.
Our activity is integrated in BNP Paribas Asset Management, which is the investment arm of BNP Paribas, a leading banking group in Europe with an international reach. BNPP AM aims to generate long-term sustainable returns for its clients, based on a sustainability-driven approach. BNPP AM currently manages €576 billion of assets (€695 billion of assets under management and advisory) and benefits from the expertise of more than 500 investment professionals and around 400 client servicing specialists, serving individual, corporate and institutional clients in 68 countries.
Figures: BNPP AM, as of 30 June 2024
Notes
[1] ETF: Exchange Traded Fund | Back to Note 1
[2] ESG: Environment, Social and Governance | Back to Note 2
[3] SRI: Social and Responsible Investment | Back to Note 3
[4] PAB: Paris Aligned Benchmark | Back to Note 4
