BNP Paribas Asset Management today announced the launch of an open-ended equity fund, which seeks long term capital growth by investing in a concentrated portfolio of equity and equity related instruments.
The 'BNP Paribas Focused 25 Equity Fund' will be a multi-cap portfolio, of which a minimum 65 per cent will be large capitalisation firms and up to 35 per cent in high conviction, fast growing small and mid-sized companies.
The new fund offer (NFO) opened on September 15 and will close for subscription on September 29. The Fund will then re-open within five business days from the date of allotment, BNP Paribas Asset Management said in a statement.
Storecheq launches rewards for corporates *GiftTech platform Storecheq today announced the launch of 'storecheq rewards' for corporates to drive employee rewards and recognition program.
Storecheq is now the one stop solution for rewarding employees, customers and business partners for their contribution towards the growth of the organisation, the company said in a statement.
Vivek Gupta, co-founder and CEO, Storecheq said: "Storecheq with this innovation will save companies at least 10 per cent of their gifting budgets."
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