Napoleon Capital has teamed up with BNP Paribas Asset Management to roll out a new absolute return quantitative fund that will offer exposure to global equities.
Named Napoleon World Equities AR Dynamix Fund, the new vehicle provides access to a unique systematic index that is part of the Dynamix family, introduced by Napoleon Capital. The index is based on a combination of data and artificial intelligence, using research from Napoleon Capital and a network of quantitative finance professionals.
The vehicle invests in the largest companies in Japan, the UK, and the Eurozone, along with major companies in the US tech market.
We remain focused on quantitative management and are very pleased to have the support of a major player such as BNP Paribas Asset Management"
The Napoleon World Equities AR Dynamix fund has been spearheaded by Arnaud Dartois and former BNP Paribas AM duo Stéphane Ifrah and Jean-Charles Dudek, who left the group to set up Napoleon Capital.
"This fund represents the culmination of several years of development by Napoleon Capital, and the successful launch of a new form of product," CEO of Napoleon Capital Stéphane Ifrah said.
"Available since 3 September, the fund is one of the first resulting from the partnership between BNPP AM and Napoleon Capital, which began a few months ago," BNP Paribas Asset Management noted.
"We remain focused on quantitative management and are very pleased to have the support of a major player such as BNP Paribas Asset Management," Ifrah added.
The fund aims for maximum volatility of 10%.