Two Luxembourg-based Sicavs have been launched by Natixis, aimed at institutional and retail investors. Mirova Funds is registered in seven countries, and Natixis AM Funds is registered in eight.
Mirova is the responsible investment subsidiary of Natixis Asset Management; Mirova Funds will offer the share management and fixed income expertise from this subsidiary. The Sicav will be entirely dedicated to socially responsible investments. it is composed of 7 subfunds, with a total AUM of €1.3bn, at the end of March 2013.
The Natixis AM Funds, is composed of 18 subfunds, and has an AUM of €2.3 bn. It offers access to fixed income bonds and emerging markets equities. It incorporates a flexible, quantitative and volatility management approach, developed by Seeyond.
The subfunds of Natixis AM are registered in the UK, Switzerland, Italy, Netherlands, Spain, France, Belgium and Germany. The Mirova Funds subfunds are registered in all but Switzerland.
SOURCE: Funds Europe 2014