Natixis Global Asset Management launches green bond fund

Written By: Stratton Report
February 28, 2017

On February 28, Natixis Global Asset Management announced the launch of the Mirova Global Green Bond Fund, a fixed-income mutual fund managed by Natixis Asset Management U.S., LLC utilizing the investment and research expertise of Mirova.

Per Natixis, Mirova is a Paris-based asset manager, specializing in environmental, social and governance analysis combined with identification of value in the green bond universe. Green bonds finance projects that provide environmental and sustainable benefits.

David Giunta, President and CEO of Natixis Global Asset Management for the U.S. and Canada noted:

Investors are looking at ESG more closely to understand global trends that may impact their portfolios over the long term. We are pleased to offer the Mirova Global Green Bond Fund to investors who recognize the opportunities that renewable energy and ecological transition may present and would like a vehicle to invest in these projects as a complement to a core fixed-income allocation and as a component of a durable portfolio.

The Mirova Global Green Bond Fund aims to provide total return, through a combination of capital appreciation and current income, by investing in green bonds. According to Natixis, Mirova conducts full ESG analysis of the green bond issuer as well as analysis of financed projects, which aims to measure the environmental and social impact of each bond. Eligible green bond investments are then evaluated using traditional fundamental and credit analysis as well as security-specific analysis in seeking attractive relative value.

The fund is co-managed by Christopher Wigley and Marc Briand.

Jens Peers, CFA, Chief Investment Officer at Mirova remarked: “At Mirova, we have nearly three decades of sustainable investing experience, familiarity with the Green Bond Principles* and an in-house ESG research team which performs analysis on each issuer. The Mirova Global Green Bond Fund utilizes these assets, as well as traditional and fundamental credit evaluation, to populate the portfolio, resulting in a comprehensive, high-conviction, global green bond strategy.”