Natixis-affiliated Ostrum AM creates new transition division; goals to increase FI providing in Asia

Paris-based Ostrum asset administration (AM), an affiliate of Natixis Funding Managers, has appointed Nathalie Beauvir to move up its newly created sustainable transitions division.

A spokesperson confirmed to FinanceAsia that Beauvir had been in her new position in Paris because the begin of the job transition in Might.

The newly established division, in line with a July 10 press launch, consists of 5 environmental, social and governance (ESG) consultants and two company social accountability (CSR) consultants.

They are going to be chargeable for strengthening Ostrum AM’s strategic positioning on ESG; optimising the interdependence of funding insurance policies together with exclusion, engagement and voting; and growing choices with new thematic ranges.

The division stories on to the agency’s chief govt officer (CEO) workplace.

CEO Olivier Houix commented within the press launch that the workforce expects Beauvir to ascertain Ostrum AM as a “dedicated accomplice for transitions” for stakeholders, by way of funding methods and growth financing.

Beauvir was promoted from her earlier position as head of sustainable bond evaluation and analysis at Ostrum AM,the place she was concerned within the launch of the agency’s local weather and social impression bond fund.

Asia growth

The Ostrum AM workforce at present has 5 portfolio managers and analysts within the Asia Pacific (Apac) area, led by Rushil Khanna, head of fairness investments, inside Natixis Funding Managers’ Singapore native operations.

At present, the workforce has a particular deal with fairness investments, whereas Ostrum AM additionally goals to supply fastened revenue experience domestically in Southeast Asia, with the upcoming arrival of a hard and fast revenue portfolio supervisor, the spokesperson instructed FA.

Globally, Ostrum AM manages round €40 billion ($43 billion) in inexperienced, social and sustainability (GSS) bonds, out of its €402 billion in belongings managed for institutional purchasers as of end-March.

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