BNP Paribas Global Markets’ Theam Quant Strategies and BNP Paribas Exane Research have launched a health living opportunities fund.
The fund seeks exposure to key sectors, geographies and companies aligned with healthy living, as changing demographic appetite has led to a rapid expansion of this market.
The fund will tackle the overall industry by splitting it into four segments – active lifestyle, comfort and wellbeing, diagnostics and cure, and healthy food.
Drawing from BNP Paribas QIS’ knowledge and experience in dynamic equity strategies, the investment process incorporates quantitative criteria with the aim of enhancing the fund’s risk-return profile.
It simultaneously excludes companies that participate in intensive carbon-generating or disputable activities, in breach of the UN Global Compact guidelines, involved in any severe ESG controversies, or have otherwise weak financial fundamentals.
The fund’s sectoral distribution is dominated by healthcare, as well as both non-cyclical and cyclical consumer goods and services. Its global allocation universe covers liquid companies across three main regions – Europe, North America, and Asia. These stocks are weighted through a quantitative optimisation process and rebalanced on a quarterly basis.
Vincent Berard, Head of BNP Paribas Global Markets’ Product Strategy for Theam Quant Strategies, said: “We are pleased to offer clients an opportunity to access the burgeoning investment opportunity within the rapidly growing Healthy Living market and ecosystem.”
