Natixis Investment Managers Expands its Global Equities Offering with the Creation of Thematics Asset Management
London, 26 March 2019 – Natixis Investment Managers announces the creation of Thematics Asset Management, a new investment company1 based in Paris, that joins the firm’s global lineup of investment affiliates and will provide investors with access to a wide range of high conviction and active global thematic strategies, including, Safety, Water, Artificial Intelligence & Robotics, starting in Q2, 20192.
Thematics Asset Management will be led by Karen Kharmandarian, Chairman & CIO, and Mohammed Amor, Managing Partner and Head of Development. The investment team will also include Arnaud Bisschop, Frédéric Dupraz and Nolan Hoffmeyer, who joined Natixis Investment Managers in November 2018, and Simon Gottelier who joins as a senior portfolio manager on the Water strategy.
The management team consists of the above-named partners, specialized in global thematic investing, with a high-conviction, long-term approach and an emphasis on integrating Environmental, Social and Governance (‘ESG’) considerations throughout the investment decision-making process.
Prior to joining Natixis Investment Managers and over the past 11 years, the team has developed and launched a range of thematic funds and were together involved in the management of more than $21 billion of assets. The investment managers have a strong expertise in bottom-up stock picking, identifying the companies exposed to long-term secular growth themes that should deliver risk-adjusted returns superior to those of broader global equity markets. The team’s robust investment process will rely on broad investable universes and the building of portfolios based solely on the merits of the individual stocks. The result is a range of portfolios that reflect high levels of conviction and are global, unconstrained, benchmark-agnostic and socially responsible.
“The long-term structural changes underway across all sectors of the global economy pose unique challenges for our clients as for us. The launch of Thematics Asset Management, as part of our multi-affiliate asset management model exemplifies Natixis’ response turning a long-term trend from a challenge into an opportunity,” said François Riahi, Chairman of Natixis Investment Managers’ board and CEO of Natixis.
One of the world's largest asset managers with €808b in AUM3 and powered by the expertise of 24 specialized investment managers, Natixis Investment Managers offers access to highly active, high conviction managers, each of whom concentrates on the investment styles and disciplines in which they have proven expertise, the ultimate objective is to help investors to build stronger and more diversified portfolios over the long term.
“The addition of Thematics Asset Management to our lineup of affiliated managers makes a substantial contribution to our global equity range and provides our investors around the world with access to distinctive thematic strategies. The team’s strong expertise, proven track record and highly-active investment approach fit perfectly within our multi-affiliate model,” commented Jean Raby, CEO of Natixis Investment Managers.
“Thematics Asset Management’s partners share an entrepreneurial spirit combined with an active management approach. Our edge lies in our focus in identifying, developing and managing multi-decade investment themes fueled by four global primary forces that are transforming our world: demographic changes, globalization, innovation and scarcity. We are long-term by design in our investment style and in close alignment with our clients’ interest,” explained Karen Kharmandarian, Chairman & CIO, Thematics Asset Management.
“Natixis Investment Managers’ multi-affiliate model offers tremendous growth opportunities, and we are pleased to become an affiliate of one of the world’s leading asset managers. It allows us to access a truly global distribution network and to benefit from the support of a large financial services group while retaining our autonomy and focusing on what we do best: capturing investment opportunities and delivering sustainable returns for our investors,” said Mohammed Amor, Managing Partner and Head of Development, Thematics Asset Management.
The team recently launched a range of thematic strategies - Safety, Water, AI & Robotics, Meta strategy - under the Luxembourg-domiciled Natixis International Funds (Lux) I SICAV and new strategies will launch, including one over the course of the year.
1 Subject to regulatory approval.
2 Four Thematics funds were recently launched within Ostrum Asset Management under the Natixis International Funds umbrella.The Thematics team currently sits within Ostrum Asset Management, a limited company with a share capital of 27 772 359 euros – Trade register n°525 192 753. 43, avenue Pierre Mendès-France - CS 41432 - 75648 Paris cedex 13 France
3 As of 31 December 2018, including Vega IM
About Thematics Asset Management1
Thematics Asset Management is a dedicated investor in innovative thematic strategies. The Company invests in stocks of businesses operating in a collection of markets that are growing at a rate superior to that of the broader global economy due to the long-term secular growth drivers that underpin them. With a robust investment process that relies on broad investable universes, the experienced analyst-portfolio managers use bottom-up fundamental research to analyze companies in the value chain of their theme and focus on building conviction-based portfolios based solely on the merits of the individual stocks and are global, unconstrained, benchmark-agnostic and socially responsible. In every case, the drivers underpinning the strategy are fuelled by four global primary forces that are transforming our world: demographic changes, globalization, innovation and scarcity. Today, Thematics Asset Management’s core investment themes include Water, Safety, and Artificial Intelligence & Robotics.
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 24 specialized investment managers globally, we apply Active ThinkingSM to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms* with €808bn** Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. For additional information, please visit the company’s website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers. Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A. Natixis Distribution, L.P. is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Investment Managers. . In the U.K.: Provided by Natixis Investment Managers UK Limited which is authorised and regulated by the UK Financial Conduct Authority (register no. 190258). Registered Office: Natixis Investment Managers UK Limited, One Carter Lane, London, EC4V 5ER.
* Cerulli Quantitative Update: Global Markets 2018 ranked Natixis Investment Managers (formerly Natixis Global Asset Management) as the 16th largest asset manager in the world based on assets under management as of December 31 2017.
** Net asset value as at December 31st 2018, Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.
About Natixis
Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne. With more than 18,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services. A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks. Figures as at December 31, 2018
All investing involves risk, including the risk of loss. Investment risk exists with equity, fixed income, and alternative investments. There is no assurance that any investment will meet its performance objectives or that losses will be avoided.
Provided by Natixis Investment Managers UK Limited which is authorised and regulated by the UK Financial Conduct Authority (register no. 190258). This material is intended to be communicated to and/or directed at persons (1) in the United Kingdom, and should not to be regarded as an offer to buy or sell, or the solicitation of any offer to buy or sell securities in any other jurisdiction than the United Kingdom; and (2) who are authorised under the Financial Services and Markets Act 2000 (FSMA 2000); or are high net worth businesses with called up share capital or net assets of at least £5 million or in the case of a trust assets of at least £10 million; or any other person to whom the material may otherwise lawfully be distributed in accordance with the FSMA 2000 (Financial Promotion) Order 2005 or the FSMA 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the "Intended Recipients"). The fund, services or opinions referred to in this material are only available to the Intended Recipients and this material must not be relied nor acted upon by any other persons. Registered Office: Natixis Investment Managers UK Limited, One Carter Lane, London, EC4V 5ER.
The above referenced entities are business development units of Natixis Investment Managers, the holding company of a diverse line-up of specialized investment management and distribution entities worldwide. The investment management subsidiaries of Natixis Investment Managers conduct any regulated activities only in and from the jurisdictions in which they are licensed or authorized. Their services and the products they manage are not available to all investors in all jurisdictions.
Thematics Asset Management will be led by Karen Kharmandarian, Chairman & CIO, and Mohammed Amor, Managing Partner and Head of Development. The investment team will also include Arnaud Bisschop, Frédéric Dupraz and Nolan Hoffmeyer, who joined Natixis Investment Managers in November 2018, and Simon Gottelier who joins as a senior portfolio manager on the Water strategy.
The management team consists of the above-named partners, specialized in global thematic investing, with a high-conviction, long-term approach and an emphasis on integrating Environmental, Social and Governance (‘ESG’) considerations throughout the investment decision-making process.
Prior to joining Natixis Investment Managers and over the past 11 years, the team has developed and launched a range of thematic funds and were together involved in the management of more than $21 billion of assets. The investment managers have a strong expertise in bottom-up stock picking, identifying the companies exposed to long-term secular growth themes that should deliver risk-adjusted returns superior to those of broader global equity markets. The team’s robust investment process will rely on broad investable universes and the building of portfolios based solely on the merits of the individual stocks. The result is a range of portfolios that reflect high levels of conviction and are global, unconstrained, benchmark-agnostic and socially responsible.
“The long-term structural changes underway across all sectors of the global economy pose unique challenges for our clients as for us. The launch of Thematics Asset Management, as part of our multi-affiliate asset management model exemplifies Natixis’ response turning a long-term trend from a challenge into an opportunity,” said François Riahi, Chairman of Natixis Investment Managers’ board and CEO of Natixis.
One of the world's largest asset managers with €808b in AUM3 and powered by the expertise of 24 specialized investment managers, Natixis Investment Managers offers access to highly active, high conviction managers, each of whom concentrates on the investment styles and disciplines in which they have proven expertise, the ultimate objective is to help investors to build stronger and more diversified portfolios over the long term.
“The addition of Thematics Asset Management to our lineup of affiliated managers makes a substantial contribution to our global equity range and provides our investors around the world with access to distinctive thematic strategies. The team’s strong expertise, proven track record and highly-active investment approach fit perfectly within our multi-affiliate model,” commented Jean Raby, CEO of Natixis Investment Managers.
“Thematics Asset Management’s partners share an entrepreneurial spirit combined with an active management approach. Our edge lies in our focus in identifying, developing and managing multi-decade investment themes fueled by four global primary forces that are transforming our world: demographic changes, globalization, innovation and scarcity. We are long-term by design in our investment style and in close alignment with our clients’ interest,” explained Karen Kharmandarian, Chairman & CIO, Thematics Asset Management.
“Natixis Investment Managers’ multi-affiliate model offers tremendous growth opportunities, and we are pleased to become an affiliate of one of the world’s leading asset managers. It allows us to access a truly global distribution network and to benefit from the support of a large financial services group while retaining our autonomy and focusing on what we do best: capturing investment opportunities and delivering sustainable returns for our investors,” said Mohammed Amor, Managing Partner and Head of Development, Thematics Asset Management.
The team recently launched a range of thematic strategies - Safety, Water, AI & Robotics, Meta strategy - under the Luxembourg-domiciled Natixis International Funds (Lux) I SICAV and new strategies will launch, including one over the course of the year.
2 Four Thematics funds were recently launched within Ostrum Asset Management under the Natixis International Funds umbrella.The Thematics team currently sits within Ostrum Asset Management, a limited company with a share capital of 27 772 359 euros – Trade register n°525 192 753. 43, avenue Pierre Mendès-France - CS 41432 - 75648 Paris cedex 13 France
3 As of 31 December 2018, including Vega IM
About Thematics Asset Management1
Thematics Asset Management is a dedicated investor in innovative thematic strategies. The Company invests in stocks of businesses operating in a collection of markets that are growing at a rate superior to that of the broader global economy due to the long-term secular growth drivers that underpin them. With a robust investment process that relies on broad investable universes, the experienced analyst-portfolio managers use bottom-up fundamental research to analyze companies in the value chain of their theme and focus on building conviction-based portfolios based solely on the merits of the individual stocks and are global, unconstrained, benchmark-agnostic and socially responsible. In every case, the drivers underpinning the strategy are fuelled by four global primary forces that are transforming our world: demographic changes, globalization, innovation and scarcity. Today, Thematics Asset Management’s core investment themes include Water, Safety, and Artificial Intelligence & Robotics.
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 24 specialized investment managers globally, we apply Active ThinkingSM to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms* with €808bn** Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. For additional information, please visit the company’s website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers. Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A. Natixis Distribution, L.P. is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Investment Managers. . In the U.K.: Provided by Natixis Investment Managers UK Limited which is authorised and regulated by the UK Financial Conduct Authority (register no. 190258). Registered Office: Natixis Investment Managers UK Limited, One Carter Lane, London, EC4V 5ER.
* Cerulli Quantitative Update: Global Markets 2018 ranked Natixis Investment Managers (formerly Natixis Global Asset Management) as the 16th largest asset manager in the world based on assets under management as of December 31 2017.
** Net asset value as at December 31st 2018, Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.
About Natixis
Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne. With more than 18,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services. A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks. Figures as at December 31, 2018
All investing involves risk, including the risk of loss. Investment risk exists with equity, fixed income, and alternative investments. There is no assurance that any investment will meet its performance objectives or that losses will be avoided.
Provided by Natixis Investment Managers UK Limited which is authorised and regulated by the UK Financial Conduct Authority (register no. 190258). This material is intended to be communicated to and/or directed at persons (1) in the United Kingdom, and should not to be regarded as an offer to buy or sell, or the solicitation of any offer to buy or sell securities in any other jurisdiction than the United Kingdom; and (2) who are authorised under the Financial Services and Markets Act 2000 (FSMA 2000); or are high net worth businesses with called up share capital or net assets of at least £5 million or in the case of a trust assets of at least £10 million; or any other person to whom the material may otherwise lawfully be distributed in accordance with the FSMA 2000 (Financial Promotion) Order 2005 or the FSMA 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the "Intended Recipients"). The fund, services or opinions referred to in this material are only available to the Intended Recipients and this material must not be relied nor acted upon by any other persons. Registered Office: Natixis Investment Managers UK Limited, One Carter Lane, London, EC4V 5ER.
The above referenced entities are business development units of Natixis Investment Managers, the holding company of a diverse line-up of specialized investment management and distribution entities worldwide. The investment management subsidiaries of Natixis Investment Managers conduct any regulated activities only in and from the jurisdictions in which they are licensed or authorized. Their services and the products they manage are not available to all investors in all jurisdictions.