The sustainable investor for a changing world

Investing across the rapidly growing water value chain

The opportunity set 

The world’s water resources are under considerable strain, with an increasing gap between the supply and demand of water, as well as rising concerns about water quality and the stability of water infrastructure globally. The transition towards a more sustainable economy could lead to potential outperformance for well-positioned companies.

Why invest in BNP Paribas Aqua?


The fund targets best-in-class companies in the fast-developing water sector, encompassing activities such as water infrastructure, water treatment and utilities

Exposure to both defensive and cyclical stocks across geographies, sectors and market capitalisations for enhanced diversification and opportunity capture

The fund invests in businesses whose revenue sources are aligned to UN SDGs, and excludes companies involved in controversial activities and practices

Team and expertise

BNP Paribas Aqua is managed by Impax Asset Management, one of the global leaders in environmental markets investing since 1998 and a long-term partner of BNP Paribas Asset Management. Impax have offices in the UK, US and Hong Kong. 

Hubert Aarts, 30 years of industry experience, and Bruce Jenkyn-Jones, 29 years of industry experience, are the lead portfolio managers. They are based in London.



    Source: BNPP AM, as of 30 June 2021.
    Investments are subject to market fluctuations and the risks inherent in investments in securities. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial outlay, the strategies described being at risk of capital loss. There is no guarantee that the performance objective will be achieved. Past performance or achievement is not indicative of current or future performance.
    Copyright © 2020 Morningstar, Inc. All Rights Reserved. The overall star rating for each fund is based on a weighted average of the number of stars assigned to it in the three-, five-, and 10-year rating periods. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
    Past performance is no guarantee of future results.