BNPP IP targets multi-asset push in Asia

French fund house BNP Paribas Investment Partners is adding two multi-asset income funds to its line-up in Asia amid expectations of continued investor demand to counter market volatility. The firm told AsianInvestor it would make its global multi-asset Luxembourg Sicav available for the first time to Asian institutional and private clients in the next few weeks. The BNP Paribas LI Multi Asset Income Fund targets a 4% annual income. Moreover, it is preparing to launch a new emer…