BOSTON–(BUSINESS WIRE) – Natixis Investment Managers (Natixis) and Mirova announced today that the Mirova Global Sustainable Equity Fund (ESGYX) has reached over $ 1 billion in assets under management. The fund is managed by Mirova US LLC (“Mirova US”), a subsidiary of Natixis Investment Managers. Mirova is a certified B Corporation dedicated to sustainable investing and one of only 20 asset managers to be admitted to the PRI Leaders Group 2020 by the Principles for Responsible Investment (PRI) organization.1
The Mirova Global Sustainable Equity Fund was launched on March 31, 2016 and recently celebrated its fifth anniversary. It is a highly active equity portfolio of global all-cap stocks that seeks long-term capital appreciation by gaining exposure to companies that have a positive impact on the United Nations Sustainable Development Goals as well as companies with strong environmental performance -, Social and Governance Indicators (ESG).2 The fund offers diversified exposure to global stocks and can improve portfolio sustainability and investors’ carbon footprint. Mirova is a signatory to the Net Zero Asset Management Initiative and, like all Mirova equity portfolios, aims to align with a global warming scenario of
“We are very excited to reach this exciting threshold of USD 1 billion in assets under management. This milestone announces to the world what we already know – investing in ESG is the way forward. It makes sense from a social and ecological point of view as well as a solid financial investment. At Mirova, we believe that if you invest in positive change and do it well, returns will follow, ”said Jens Peers, CFA, CEO and CIO at Mirova US.
“The Mirova Global Sustainable Equity Fund’s growth in its first five years is evidence that investors are increasingly appreciating the role of ESG strategies in portfolios,” said David Giunta, US CEO, Natixis Investment Managers. “We congratulate Mirova on this $ 1 billion asset under management achievement, another impressive milestone in their long history as an ESG investment specialist.”
The Mirova Global Sustainable Equity Fund benefits from Mirova’s deeply rooted experience in global sustainable investing and his leadership in ESG. The portfolio management team conducts detailed fundamental research to select companies with competitive advantages that aim to create long-term value and have high entry barriers. You rely on a team of multidisciplinary specialists and a responsible investment research team with analysts who are exclusively dedicated to thematic ESG research. The fund is jointly managed by Hua Cheng, PhD, CFA®, Amber Fairbanks, CFA® and Jens Peers, CFA®. The fund aims to have a relatively concentrated portfolio of approximately 50 global stocks and is managed by Mirova US.
1 The Principles for Responsible Investment (PRI) is the world’s leading proponent of responsible investing. It began in 2005 when the United Nations invited a group of the world’s largest institutional investors to join a process to develop the Principles for Responsible Investment. The principles were introduced on the New York Stock Exchange in April 2006. Since then, the number of signatories has grown from 100 to over 3,000.
2 ESG Investment Risk: The Fund’s ESG investment approach could result in the Fund performing differently compared to funds without such an approach or compared to the market as a whole. The Fund’s application of ESG considerations may affect the Fund’s exposure to certain issuers, industries, sectors, style factors or other characteristics and affect the Fund’s relative performance – positively or negatively – depending on the relative performance of those investments.
In order to offer investors flexibility and choice, the strategy is also available to authorized financial advisors and their customers via separately managed private customer accounts (SMA).
Mirova also manages other equity funds available to US investors – the Mirova US Sustainable Equity Fund (MUSYX) and the Mirova International Sustainable Equity Fund (MRVYX) – which are also available to approved financial advisers and their clients as SMAs. It also offers the Mirova US Climate Ambition Equity Strategy only as a Separately Managed Account (SMA) and an ESG bond fund – the Mirova Global Green Bond Fund (MGGYX).
The main risks of investing in the Mirova Global Sustainable Equity Fund include equity risk, overseas and emerging market securities risk, small and mid-cap equity risk, ESG investment risk and currency risk. For more information on the Mirova Global Sustainable Equity Fund and the associated risk factors, see Information Here.
Mirova is operated in the United States by Mirova US LLC.
Before investing, consider the investment objectives, risks, fees and expenses of the fund. Visit im.natixis.com or call 800-225-5478 for a prospectus or summary prospectus containing this and other information. Read it carefully.
CFA® and Chartered Financial Analyst® are registered trademarks of the CFA Institute.
Mirova is an investment manager committed to responsible investing. Mirova aims to combine long-term value creation with sustainable development through a belief-driven investment approach. Mirova experts are pioneers in many areas of sustainable finance. Their ambition is to continue to innovate in order to create the most effective solutions to achieve their customers’ goals. Mirova had $ 23.9 billion under management at the end of the first quarter of 2021, including $ 5.8 billion managed by its US subsidiary Mirova US LLC.
About Mirova US, LLC
Mirova US LLC (Mirova US) is a US based investment advisor wholly owned by Mirova. Mirova is operated in the USA Mirova US and Mirova have reached an agreement according to which Mirova Mirova US provides investment and research expertise, which Mirova US then combines with its own expertise and services in advising clients.
About Natixis Investment Manager
Natixis Investment Managers offers financial professionals more insightful ways to build portfolios. Based on the expertise of more than 20 specialized investment managers worldwide, we use Active Thinking® to deliver proactive solutions that help customers achieve better results in all markets. Natixis Investment Managers is one of the world’s largest asset management companies1 with more than $ 1.3 trillion in assets under management2 (€ 1,152.8 billion).
Natixis Investment Managers, headquartered in Paris and Boston, is a subsidiary of Natixis. Natixis is listed on the Paris Stock Exchange and is a subsidiary of BPCE, the second largest banking group in France. Natixis Investment Managers’ affiliate investment management companies include AEW; Alliance entrepreneur; AlphaSimplex Group; DNCA investments;3 Dorval Asset Management; Flexstone Partner; Gateway investment advisor; Harris Partner; Investor Mutual Limited; Loomis, Sayles & Company; Mirova; MV credit; Naxicap partner; Ossiam; Ostrum Asset Management; Seeyond; Seventure Partner; Asset management topics; Vauban infrastructure partner; Vaughan Nelson Investment Manager; Vega Investment Manager;4th and WCM investment management. In addition, investment solutions are offered through Natixis Investment Managers Solutions, and Natixis Advisors provides additional investment services through its AIA and MPA departments. Not all offers are available in all jurisdictions. For more information, please visit the Natixis Investment Managers website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers’ sales and service groups include Natixis Distribution, LP, a limited-purpose broker-dealer and distributor of various US-registered investment companies, providing advisory services to affiliates of Natixis Investment Managers, Natixis Investment Managers SA (Luxembourg ) are provided. , Natixis Investment Managers International (France) and its affiliated sales and service companies in Europe and Asia.
1 Cerulli Quantitative Update: Global Markets 2020 ranked Natixis Investment Managers 17th among the largest asset managers in the world based on assets under management as of December 31, 2019.
2 Assets under management (AUM) as of March 31, 2021 are $ 1,354.8 billion. AUM, as reported, may include notional assets, managed assets, gross assets, minority-owned assets of affiliated companies, and other types of non-regulatory AUM managed or serviced by companies affiliated with Natixis Investment Managers. Without H2O Asset Management.
3 A brand from DNCA Finance.
4th A wholly owned subsidiary of Natixis Wealth Management.