Natixis affiliate Thematics Asset Management launches climate selection fund
The fund’s investment universe will span Thematics AM’s five strategies – namely AI and robotics, safety, the subscription economy, water and wellness – with a portfolio of 40-60 holdings.
The firm explained the multi-thematic strategy will focus on companies with emission trajectories that are aligned with the Paris Agreement of keeping «the increase in the global average temperature to well below 2°C above pre-industrial levels» and pursue efforts «to limit the temperature increase to 1.5°C above pre-industrial levels.»
The fund's investment universe will span Thematics AM's five strategies — namely AI and robotics, safety, the subscription economy, water and wellness — with a portfolio of 40-60 holdings.
Natixis IM appoints head of international distribution
The strategy will be co-managed by founding partners and portfolio managers Arnaud Bisschop and Karen Kharmandarian and supported by climate specialist Guillaume Gosselin.
Bisschop said: «The urgency of climate change is more evident than ever, with transition risks impacting company balance sheets as well as overall profitability. We believe that by identifying the companies leading the charge in the adoption and disclosure of decarbonisation strategies, it is possible to turn transition risks into transition opportunities.»
Gosselin added: «In addition to integrating ESG considerations throughout the investment decision-making process and holding the French Label ISR, as with all funds in our range, Thematics Climate Selection also combines both quantitative and qualitative climate assessments to build a conviction-based, Paris-aligned portfolio.
»The qualitative assessment considers a company's climate governance, strategy and risk management, engagement,
Read more on investmentweek.co.uk
