BNP Paribas and Janus Capital Group launch capital-protected fund

BNP Paribas and Janus Capital Group launch capital-protected fund

Fabrice Hugon - BNP Paribas
Fabrice Hugon, BNP Paribas

BNP Paribas has joined forces with Janus Capital Group to provide a capital-guaranteed fund, whereby BNP provides protection for Janus Protected World Growth, a US-based mutual fund which offers daily liquidity and is open-ended. The fund was launched in May. "We are using a fundamentally different risk methodology to any other version of a capital-protected fund," says Fabrice Hugon, head of structured equity sales for the Americas at BNP Paribas in New York. "Generally, the solutions i