…allows you to get the best out of the flexibility of a specialist team, dedicated and reactive AND the strengths of an important asset manager.


Strong performances :

In 2007, 82% of our Parvest funds have outperformed their benchmark. [1].

Our key franchise is to manage high alpha portfolios.

• On this strategy, our GIPS composite [2] shows regular outperformance vs the benchmark (200 basis points annualised over a three year period ending Dec 2007)

• Risk management is central to our investment process as illustrated by our excellent Information Ratio (0.69 over the last three years).

• Our flagship product, Parvest Europe Alpha, which is a concentrated portfolio investing in the best ideas of the team, has outperformed its benchmark since inception (June 2005) . In addition, it has been ranked first quartile by Lipper since inception(June 2005) [3]. In addition, it has been ranked first quartile by Lipper since inception. [4].

[1] Classic shares, net of fees, this figure refers to the Parvest funds. managed by BNPP AM European equity team over the whole 2007 year
[2] Please see GIPS disclaimer [here], gross of fees.
[3] Classic shares, net of fees.
[4] Source: Lipper / data as of 31/01/2008, Luxembourg domiciled funds universe / quartile calculated within the Equity Europe Lipper Global Sector, all share classes, net of fees.
[5] Including advisory mandates.
[6] Classic shares, net of fees, this figure refers to the Parvest funds managed by BNPP AM’s European equity team over the whole year 2007.