Natixis Asset Management adds global green bond fund via Mirova

By Susanna Moon

Chicago, Feb. 28 – Natixis Global Asset Management said it launched the Mirova Global Green Bond Fund, a high-conviction fixed-income mutual fund managed by Natixis Asset Management U.S., LLC.

The Mirova Global Green Bond fund aims to provide total return through capital appreciation and current income by investing in green bonds, according to a company announcement.

The fund manager uses the investment and research expertise of Mirova, an asset manager based in Paris that specializes in responsible investing. The fund is co-managed by Christopher Wigley and Marc Briand.

The fund seeks to finance environmental transition projects while trying to benefit from global diversification and sustainable value.

Mirova conducts a full analysis of the green bond issuer, as well as of financed projects, to try to measure the environmental and social impact of the bond. The green bond investments are then evaluated using traditional fundamental and credit analysis and security-specific analysis with a goal of at least 40% of assets invested in securities domiciled outside of the United States.

“Investors are looking at ESG more closely to understand global trends that may impact their portfolios over the long term,” David Giunta, president and chief executive officer of Natixis Global Asset Management for the U.S. and Canada, said in the release.

“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.”

Mirova is an asset management company wholly owned by Natixis Asset Management. Mirova is operated in the United States through Natixis Asset Management U.S., LLC.

Natixis is the corporate, investment and financial services arm of Paris-based Groupe BPCE.

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