BNP Paribas Asset Management
Market insights and commentary from BNP Paribas Asset Management.
France5 articlesLast published 18 Jun 2026
Multi-AssetEquitiesFixed Income
Research
BNP Paribas Asset ManagementThematic
Talking Heads – Cheaper, smarter and ever broader uses: AI offers a long growth runway – EN
BNP Paribas AM Co-portfolio Managers Pamela Hegarty and Derek Glynn discuss the latest AI developments—including agentic AI, vibe coding, edge intelligence, and robotics—alongside the investment implications for cloud hyperscalers, semiconductors, and software companies. They argue AI is not yet in a bubble, as infrastructure spending remains broadly demand-driven and funded from operating cash flows, while flagging rising debt financing and pockets of froth such as quantum computing as risks to monitor.
18 Jun 2026
BNP Paribas Asset ManagementMulti-Asset
Overnight ETFs: A lower-risk cash management solution – EN
BNP Paribas Asset Management outlines how overnight ETFs use synthetic replication (equity swaps) to track very short-term interest rates such as the €STR, offering liquidity, capital preservation, and potentially above-index returns through positive swap margins. The piece details the investment process, counterparty risk controls (daily collateralisation, 10% NAV cap), and the suitability of these instruments for conservative investors seeking cash management alternatives.
16 Jun 2026
BNP Paribas Asset ManagementMulti-Asset
Take Two: ECB raises rates and cuts growth forecast – EN
The ECB raised its benchmark rate by 25bps to 2.25%, revised up its inflation forecasts, and cut eurozone growth projections amid the ongoing Middle East conflict, while US inflation accelerated to 4.2% in May and the BoJ is expected to hike to 1%. The weekly briefing also highlights narrowing US-Europe equity valuation gaps when adjusted for profit margins, and the EU's Chips Act 2.0 targeting technological sovereignty in semiconductors and AI.
15 Jun 2026
BNP Paribas Asset ManagementEquities
View from the markets: Too much of a good thing – EN
BNP Paribas AM's Chief Market Strategist Daniel Morris examines how stronger-than-expected US labour market and ISM data have pushed fed funds rate expectations higher, triggering a notable sell-off in long-duration technology equities. The piece also assesses current technology sector valuations across the US, Taiwan, and Korea, arguing that despite high earnings growth expectations, multiples remain broadly reasonable relative to historical norms.
12 Jun 2026
Transforming the global food system: The role of institutional investors
Drawing on the 2025 EAT-Lancet Commission's findings, BNP Paribas Asset Management outlines how institutional investors can help address the $15 trillion in annual negative externalities generated by the global food system through capital reallocation, corporate engagement, voting, and policy advocacy. The piece maps specific sectoral shifts required—including a 33% reduction in ruminant meat production and a 63% increase in fruit, vegetable, and nut output—and frames these as both systemic risks and investment opportunities for portfolio holders.
12 Jun 2026