BOSTON--(BUSINESS WIRE)--Natixis Global Asset Management today filed a registration statement with the Securities and Exchange Commission to register the first series of target-date mutual funds in the U.S. with investment strategies that follow a sustainable investing approach. The Natixis Sustainable Future Funds will include ten funds with vintages ranging every five years from 2015 to 2060.
The Funds will select securities based on environmental, social and governance (ESG) criteria with respect to such issues such as fair labor, anti-corruption, human rights, fair business practices and mitigation of environmental impact, and will seek a diversified portfolio of investments that contribute to a more sustainable future.
Natixis research has indicated that investors are demonstrating preferences for investments focused on environmental, social and governance issues. Most respondents to the firm’s 2016 Global Survey of Individual Investors1 stressed the importance of investing in companies that are ethically run (83%), have a positive social impact (70%) and good environmental records (70%). In addition, the Natixis 2016 Retirement Plan Participant Study2 found that interest in ESG investments runs strong among investors, especially younger ones, with 71% of Millennials saying they would be more willing to contribute to their retirement plan if they knew their investments were doing social good. Most Millennials indicated they would like their investments to reflect their personal values (84%) and over three-quarters (77%) said they would like to see more socially responsible investments in their retirement plan offering.
“Our research shows that most people want to invest in companies that are ethically run, have a positive social impact, and have strong environmental track records,” said John Hailer, CEO for the Americas & Asia and Head of Global Distribution. “We are excited to bring to market the first target-date mutual funds with a sustainable investing approach that enables individuals to align their investments with those beliefs.”
“Many Americans are challenged to save enough for retirement, especially younger workers without company pensions who fear that Social Security won’t be available when they retire,” said Ed Farrington, Natixis’ Executive Vice President for Retirement Strategies. “Comprehensive retirement plans that offer a wider range of choices, especially investments that reflect workers’ values and beliefs, encourage an increased level of saving that would help investors reach their retirement goals.”
The proposed Funds will be advised by NGAM Advisors, L.P. and sub-advised by Natixis Asset Management U.S., LLC (Natixis AM U.S.). Among other investment constituents, the Funds will incorporate equity and fixed income allocations that leverage the ESG expertise of Mirova, an affiliate of Natixis AM U.S., which has managed responsible investment solutions for almost 30 years3. Natixis also has selected Wilshire Associates Incorporated as a sub-adviser to provide glide path design and portfolio allocation services.
The Funds are expected to launch in the first quarter 2017.
The information in this communication and the funds' prospectuses is not complete and may be changed. A registration statement relating to these target date funds has been filed with the Securities and Exchange Commission (SEC) but has not yet become effective. We may not sell the funds' securities until the registration statement filed with the SEC is effective. This communication and the funds' prospectuses are not an offer to sell these securities and are not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
Investing involves risk and principal loss is possible. Before investing, consider the funds' investment objectives, risks, charges and expenses. The funds' prospectuses contain this and other important information about the funds and should be read carefully before investing. You can obtain a copy of the prospectuses by calling (800) 225-5478. The final prospectuses should be read carefully before investing.
The preliminary version of the Natixis Sustainable Future Funds' registration statement has been filed with the SEC and can be obtained by visiting the SEC's website at www.sec.gov.
NGAM 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 Global Asset Management, S.A. Member SIPC
About Mirova
Mirova offers a global responsible investing
approach involving Equities, Fixed Income, General and Renewable Energy
Infrastructure, Impact Investing, and Voting and Engagement. It has $7
billion in assets under management (as of 9/30/16) and $44 billion in
Voting and Engagement (as of 12/31/15). Its team of circa 60
multidisciplinary experts include specialists in thematic investment
management, engineers, financial and environmental, social and
governance analysts, project financing specialists and experts in
solidarity finance.
About Natixis Asset Management U.S., LLC and Mirova
Natixis
AM U.S. provides access to investment solutions that benefit from the
extensive resources of a leading European asset management group.
Natixis AM U.S. launched in 2014, has $449 million in assets under
management (as of 9/30/16), is a subsidiary of Natixis Asset Management
and utilizes the expertise of Mirova, another wholly-owned subsidiary of
Natixis Asset Management. Mirova operates in the U.S. through Natixis AM
U.S.
About Natixis Global Asset Management
Natixis Global Asset
Management serves thoughtful investment professionals with more
insightful ways to understand and manage risk. Through our Durable
Portfolio Construction® approach, we help them construct more
strategic portfolios that seek to produce better outcomes in today’s
unpredictable markets. We draw from deep investor and industry insights
and partner closely with our clients to put objective data behind the
discussion.
Natixis is ranked among the world’s largest asset management firms.4 Uniting over 20 specialized investment managers globally ($897 billion AUM4), we bring a diverse range of solutions tailored to meet every strategic challenge. From insight to action, Natixis helps our clients better serve their own with more durable portfolios.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A.’s assets under management totaled $897 billion as of September 30, 2016.5 Natixis Global Asset Management, S.A. is part of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Active Index AdvisorsSM;6 AEW Capital Management; AEW Europe; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;7 Dorval Asset Management;8 Emerise;9 Gateway Investment Advisers; H2O Asset Management;8 Harris Associates; IDFC Asset Management Company; Loomis, Sayles & Company; Managed Portfolio Advisors®;6 McDonnell Investment Management; Mirova;10 Natixis Asset Management; Ossiam; Seeyond;10 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Global Asset Management Private Equity, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Not all offerings available in every jurisdiction.
About Wilshire Associates Incorporated
Wilshire Associates
Incorporated, a global, independent investment consulting and services
firm, provides consulting services, analytics solutions and customized
investment products to plan sponsors, investment managers and financial
intermediaries. Based in Santa Monica, California, Wilshire provides
services to clients in more than 20 countries representing more than 500
organizations with assets exceeding US $7 trillion.11
Visit ngam.natixis.com/us/esg-investing for more information.
1 Natixis Global Asset Management, 2016 Global Survey of
Individual Investors compiled by CoreData Research, February 2016.
Survey included 7.100 investors in 22 countries of which 750 were in the
U.S.
2 Natixis Global Asset Management, 2016
Retirement Plan Participant Study compiled by CoreData Research, August
2016. Survey included 951 U.S. workers, 651 being plan participants and
300 being non-participants. The age groups are broken up as follows: 285
Gen Y/Millennials (18-34 years old), 283 Gen X (35-50 years old) and 383
Baby Boomers (51 years and older).
3 Mirova, an asset
management company wholly owned by Natixis Asset Management (Natixis
AM), since 2014 and previously a division of Natixis AM, benefits from
almost 30 years of experience in Environmental, Social, Governance (ESG)
investing through Natixis AM.
4 Cerulli
Quantitative Update: Global Markets 2016 ranked Natixis Global Asset
Management, S.A. as the 16th largest asset
manager in the world based on assets under management ($870.3 billion)
as of December 31, 2015.
5 Net asset value
as of September 30, 2016. Assets under management (AUM) may include
assets for which non-regulatory AUM services are provided.
Non-regulatory AUM includes assets which do not fall within the SEC’s
definition of ‘regulatory AUM’ in Form ADV, Part 1.
6 A
division of NGAM Advisors, L.P.
7 A brand
of DNCA Finance.
8 A subsidiary of Natixis
Asset Management.
9 A brand of Natixis
Asset Management and Natixis Asset Management Asia Limited, based in
Singapore and Paris.
10 Operated in the
U.S. through Natixis Asset Management U.S., LLC.
11 Client
assets are as represented by Pensions & Investments (P&I), detailed in
P&I’s “Largest Retirement Funds” and P&I’s “Largest Money Managers (U.S.
institutional tax-exempt assets)” as of 9/30/15 and 12/31/15, and
published 2/8/16 and 5/30/16, respectively.
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