A portfolio of high-quality, highly liquid short-duration bonds and money market instruments
Capital preservation and yield enhancement objectives
Thorough ESG integration
Our investment philosophy is based on our core belief that no single approach works in every situation. We rely on our individual strategy experts, the wisdom of crowds and quantitative models.
We think a combination of fundamental and tactical approaches can deliver superior portfolio outcomes. Fundamental allocations can provide stability and liquidity, while tactical bets can help to boost yield.
Our Euro Short Duration strategy follows a disciplined four-step process:
- Idea generation: inputs on core asset classes incorporating fundamentals, valuations and technicals
- Investment committee: decision-making on strategic asset allocation views
- Model portfolio: strategic investment committee views combined with tactical views
- Portfolio implementation: a disciplined approach to client portfolio construction, with individual leeway versus the model portfolio
Team and resources
BNP Paribas Asset Management has a long history of managing short duration solutions, having launched our first strategy in 1974.
Our Short Duration team is based in New York and Paris. Ken O’Donnell, who has more than 21 years of industry experience, leads the team. Fadi Berbari, Deputy Head of Short Duration Fixed Income, is responsible for euro short duration management.
The team benefits from access to our global trading and risk management platform, Sustainability Centre, Quantitative Research Group, and Macro Research team.