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 function in Paris for the reason that begin of the job transition in Could.
The newly established division, in keeping with a July 10 press launch, consists of 5 environmental, social and governance (ESG) specialists and two company social duty (CSR) specialists.
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 government officer (CEO) workplace.
CEO Olivier Houix commented within the press launch that the workforce expects Beauvir to determine Ostrum AM as a “dedicated companion for transitions” for stakeholders, by way of funding methods and improvement financing.
Beauvir was promoted from her earlier function 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 the moment, the workforce has a particular concentrate on fairness investments, whereas Ostrum AM additionally goals to supply mounted revenue experience regionally in Southeast Asia, with the upcoming arrival of a hard and fast revenue portfolio supervisor, the spokesperson advised 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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