Natixis-affiliated Ostrum AM creates new transition department; aims to expand FI offering 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 for the reason that begin of the job transition in Could.

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 duty (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 reviews on to the agency’s chief govt officer (CEO) workplace.

CEO Olivier Houix commented within the press launch that the group expects Beauvir to ascertain Ostrum AM as a “dedicated associate for transitions” for stakeholders, when it comes to 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 affect bond fund.

Asia growth

The Ostrum AM group at the moment 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 group has a particular concentrate on fairness investments, whereas Ostrum AM additionally goals to supply fastened revenue experience regionally 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 property managed for institutional purchasers as of end-March.

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