Fees and Compensation — Form ADV Part 2A (7/29/2025)
[Brochure]
ITEM 5 – Fees and Compensation
Our standard fees may be negotiated in connection with certain mandates and/or modified for
portfolios that have special investment constraints or unusual reporting, clearance, or other
administrative requirements or unique characteristics. BNPP AM UK may impose a minimum fee
for starting or maintaining an account.
Certain clients may have a portion of their separate account assets invested in commingled vehicles
for which BNPP AM UK may be an adviser or sub-adviser.
Fees are generally payable monthly and quarterly, (although monthly, semi-annual and annual
payment periods are also used) and are generally based upon the market value of assets managed as
of the end of the preceding calendar quarter or on the average market value of assets managed within
the calendar quarter. All client fees are paid in arrears.
BNPP AM UK’s fees are exclusive of brokerage commissions, transaction costs and other related
costs and expenses which shall be incurred by the client. Such costs are in addition to BNPP AM
UK’s fees and BNPP AM UK does not receive any portion of these costs. Please refer to the section
entitled “Brokerage Practices” below for further information regarding the factors that BNPP AM
UK considers in selecting and recommending counterparties for client transactions and determining
the reasonableness of their compensation.
Our investment management agreements may be terminated by us or by our clients, subject to
applicable notice provisions contained in the contracts.
Account Minimums and Types of Clients — Form ADV Part 2A (7/29/2025)
[Brochure]
ITEM 7 – Types of Clients
BNPP AM UK may provide customised investment management services to institutional clients,
wholesale clients and collective investment schemes, including but not limited to, pension funds,
banks, platforms, insurance companies, official institutions, Luxembourg-domiciled SICAVs of an
affiliate and other corporations or professional investors.
As discretionary manager, we review the specific circumstances, current investments and
investment goals of each client. In order to assure an appropriate fit with the management style
chosen, BNPP AM UK reserves the right to review each prospective client as to investment profile.
Minimum account sizes for investment management are negotiated on a case-by-case basis.