Natixis Global Asset Management (NGAM) has launched two Luxembourg Sicavs, each registered in multiple countries, and covering various asset classes.
The funds are managed by Natixis Asset Management and Morova, both affiliates of NGAM.
The Natixis Asset Management funds, most of which have a three-year track record, target fixed income (credit, inflation and aggregate), bonds and emerging market equities, a value approach to European large caps and global allocation.
The funds also incorporate a “flexible, quantitative and volatility management approach”.
In total, assets under management in these funds were €2.3 billion at the end of March 2013.
Mirova, a responsible investment house, offers thematic and cross-thematic equities and fixed income though its new Sicav and says it is one of the very few Sicavs in Europe entirely dedicated to socially responsible investment. Asset were €1.3 billion.
Pascal Voisin, chief executive of NGAM, says the launches reinforce the international ambitions of the business.
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