A PRACTICAL GUIDE TO
CASHFLOW DRIVEN INVESTING

With UK Defined Benefit pension schemes turning increasingly cashflow negative and traditional Liability Driven Investment (LDI) portfolios offering lower returns, schemes are turning to cashflow driven investing (CDI) to better match cashflow while generating higher risk-adjusted returns.

our approach

PRIVATE CREDIT AND REAL ASSETS

BNP Paribas Group has been financing the real economy for 150 years with market leading positions in real estate and infrastructure financing.

Cashflow asset example:

INFRASTRUCTURE DEBT

Cashflow asset example:

REAL ESTATE
DEBT

CASHFLOW DRIVEN INVESTING

The first step in constructing a bespoke CDI portfolio is to understand the long-term objectives of the scheme in question.

Case study one:

TRADITIONAL CDI ASSET SOLUTION

Case study two:

SYNTHETIC CDI SOLUTION

our specialist capability

Our CDI approach is the responsibility of our Multi-Asset, Quantitative and Solutions (MAQS) team, a dedicated multi-asset investment team that combines the best of both BNPP AM’s fundamental and quantitative expertise.

20
MODELLING SOLUTIONS

130bn euros

OF ASSETS

(UNDER MAQS MANAGEMENT)

€130bn

OF ASSETS

(UNDER MAQS MANAGEMENT)

144
MAQS EXPERTS

why bnp paribas asset management for cashflow driven investing?

understand

solve

perform