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31/03/2004 -

BNP Paribas’ Parvest fund awarded in Spain for its “Japan Small Cap” category

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Parvest Japan Small Cap of BNP Paribas Asset Management has been awarded last week for the 2003 best fund invested in Japanese Small Caps by Cinco Días – Lipper among all funds in this category distributed in Spain. Cinco Días is the second largest economical Spanish newspaper and Lipper is a Reuter Group’s company devoted to funds analysis and rankings.

BNP Paribas Asset Management ranks among the three largest international fund management entities in Spain. Thanks to the combined offer of our international fund based in Luxembourg, BNP Paribas is the leader in Spain in distribution agreements signed with Spanish financial institutions. More than 75 institutional clients use the Parvest funds for asset allocation funds domiciled in France and Ireland as well as 12 local funds.