Anglo-South African asset manager Ninety One’s Global Environment Strategy has won a $150m mandate from the California State Teachers’ Retirement System (CalSTRS)
Managed by Deirdre Cooper, Head of Sustainable Equity, and Graeme Baker, Co-Portfolio Manager, the $4.2 billion strategy is a high conviction, concentrated global equity portfolio that aims to capture structural growth driven by decarbonization
The strategy focuses on identifying businesses whose structural growth is driven by decarbonization across three key pathways: renewable energy, resource efficiency and electrification
Sangeeth Sewnath, Managing Director at Ninety One, said: “ Ninety One’s Global Environment strategy’s unconstrained and focused approach, combined with a long-term investment horizon and active engagement, is a powerful way to invest in decarbonization.”
