BNP Paribas Asset Management

Hello and welcome to the BNP Paribas Asset Management Talking Heads podcast.

Every week, Talking Heads will bring you in-depth insights and analysis on the topics that really matter to investors.

In this episode, we'll be discussing the Chinese equity market.

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You've been listening to the BNP Paribas Asset Management Talking Heads podcast with me, Daniel Morris, and David Choi, head of Greater Chinese Equities.

Please do join me next week.

Until then, take care.

Right now, the market-implied expectations show at least one more rate hike this year and two more in 2027, and that's where we begin our conversation with Ekaterina Bigos.

Ekaterina is senior market strategist at BNP Paribas Asset Management.

She spoke with Bloomberg TV host David Ingles and Yvonne Man.

Good morning.

[laughs]

... as you might call it, but yes, certainly selectively it's an opportunity, but not a broad kind of, uh, performance, yeah.

That was Ekaterina Bigot, Senior Market Strategist at BNP Paribas Asset Management, speaking with Bloomberg TV host David Ingles and Yvonne Man, bringing you their conversation here on the Daybreak Asia podcast.

[upbeat music] Thanks for listening to today's episode of the Bloomberg Daybreak Asia edition podcast.

Hello and welcome to the BNP Paribas Asset Management Talking Heads podcast.

Every week, Talking Heads will bring you in-depth insights and analysis through the lens of sustainability on the topics that really matter to investors.

In this episode, we'll be discussing investing in environmental strategies.

If you would like more information about our capabilities in environmental strategies, please reach out to your asset management contact or check out Viewpoint, our website for investment insights at viewpoint.bnpparibas-am.com. Just before we go, I'd like to mention that the Talking Heads podcast is available on Spotify and on YouTube.

For YouTube, visit youtube.com slash BNPPAM slash playlist and tap or click on Talking Heads.

You've been listening to the BNP Paribas Asset Management Talking Heads podcast with me, Daniel Morris, and Ed Lees, co-CIO of the Environmental Strategies Group.

Please do join me next week.

Until then, take care.

Hello and welcome to the BNP Paribas Asset Management Talking Heads podcast.

Every week, Talking Heads will bring you in-depth insights and analysis on the topics that really matter to investors.

In this episode, we'll be discussing emerging market equities.

We go into this particular issue in a more detailed note that will be published in our Viewpoint series, which listeners may want to take another look with regards to this particular trend.

Where might investors find that, Chi-Kai?

This is on Viewpoint on the BNP Paribas asset management website.

Great.

Ji Kang, you mentioned the strong performance of tech and semiconductor stocks in emerging markets driven by all that CapEx spend.

That was a common theme in interviews with more than a dozen asset managers, whose firms manage a combined $27 trillion.

Without exception, each of them, including BNP Paribas Asset Management and Manulife, John Hancock Investments, had either added back gold in recent weeks or were maintaining bullish allocations.

But any breakout above gold's recent ceiling near $4,600 per ounce won't be smooth, many of the money managers said.

Higher Treasury yields and increased bets for at least one Fed rate hike before year-end are undermining support for bullion, an asset that tends to be less favoured when borrowing costs rise, because it doesn't pay interest.

Hello, welcome to this week's BNP Paribas Asset Management Talking Heads podcast.

Every week, Talking Heads will bring you in-depth insights and analysis on topics that really matter to investors.

In this episode, we'll be discussing our Eurocredit short-duration fixed income strategy, one of our Eurocredit fixed income strategies managed by the bond team here at BNP Paribas Asset Management.

I'm Chris Igoe, a member of the Investment Insights team, and I'm joined today by Boutena Desion, a Senior Credit Portfolio Manager in the Fixed Income team based in Paris.

Welcome, Boutena, and thanks for joining me today.

However, short duration strategies are more protected from rising long term interest rates and tend to perform better in such an environment.

So it's a good time to talk about the strategy.

Could you explain to start off a little bit more about the Eurocredit short duration bond strategy managed by you and the team at BNP Paribas Asset Management?

We're also, of course, part of BNP Paribas group and a number of, you know, the more formal consultations that we might respond to or participate in are done in partnership with different stakeholders across BNP Paribas.

From my own experience with working in policy in different markets, I know that BNP Paribas and BNP Paribas Asset Management was one of the investors that would often participate in either in technical exchanges with governments or expert working groups or even contributing to policy submissions, I think, from the industry.

And you participate in quite a few groups.

There's the climate groups as well as PRI and perhaps some others around the world.

If we think about geopolitical fragmentation, ongoing conflicts, extreme weather events, rapid digital disruption.

You know, it's a complex time to be on top of these different kind of long-term system level risks and look at them as individual challenges, but also from an interconnected perspective.

Our approach at BNP Paribas Asset Management is to focus on kind of four megatrends.

Geopolitics, the environment, innovation, and demographics.