Natixis Funding Managers’ sustainability- and thematics-focused associates, Mirova and Thematics Asset Administration introduced right this moment the launch of a strategic merger venture, geared toward making a “distinctive providing” combining innovation and constructive impression, and turning into “a serious participant in thematic administration worldwide. “
Mirova was launched as a subsidiary of Natixis Funding Administration in 2014, with a give attention to sustainable and impression investing. The agency at present manages €32 billion (USD$36 billion), together with a €3.1 billion thematics providing integrating methods centered on points starting from the surroundings, local weather and biodiversity to job creation and variety.
Natixis launched Thematics AM in 2019 to offer buyers with entry to excessive conviction and energetic international thematic methods. The funding firm manages €3.1 billion in belongings targeting 5 themes, together with AI and robotics, water, safety, well being, and the subscription financial system.
Karen Kharmandarian, President and CIO of Thematics AM, stated:
“Following a profitable preliminary improvement part for Thematics AM, this strategic merger would allow us to supply enhanced collective experience to our purchasers, offering a variety of revolutionary thematic merchandise that tackle their issues and the challenges of our time.”
Based on the corporations, the merger will carry collectively Mirova’s worldwide presence and experience in sustainable finance with Thematics AM’s capabilities in thematic funding methods to offer entry to promising markets supported by secular progress elements, producing the power to supply a diversified vary of thematic funding merchandise whereas adhering to excessive sustainability requirements.
Mirova CEO Philippe Zaouati stated:
“By becoming a member of forces, we may broaden our providing in listed markets, higher meet our purchasers’ expectations, and strengthen our place as a frontrunner in accountable funding. This initiative completely aligns with our purpose of doubling our belongings by 2030 and rising our constructive impression on the surroundings and society.”
The transaction is anticipated to shut in This autumn 2025.
Natixis CEO Philippe Setbon added:
“By uniting the strengths of Mirova and Thematics AM, we purpose to deal with the rising wants of our purchasers in an more and more aggressive market.”