{"id":54980,"date":"2016-08-03T00:39:05","date_gmt":"2016-08-02T22:39:05","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/desjardins-global-asset-management-chooses-mirova-for-delegated-management-of-a-green-bond-fund\/"},"modified":"2016-08-03T00:39:05","modified_gmt":"2016-08-02T22:39:05","slug":"desjardins-global-asset-management-chooses-mirova-for-delegated-management-of-a-green-bond-fund","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/desjardins-global-asset-management-chooses-mirova-for-delegated-management-of-a-green-bond-fund\/","title":{"rendered":"Desjardins Global Asset Management chooses Mirova for delegated management of a green bond fund"},"content":{"rendered":"<p>The Desjardins SocieTerra Environmental Bond Fund puts the Global Green Bond strategy<br \/>\nmanaged by Mirova into action. This fund will receive the recognized expertise of Mirova&#8217;s<br \/>\nbond specialist teams, which are leaders in the area of green bonds.<\/p>\n<p>Like Mirova&#8217;s Global Green Bond strategy, the Desjardins SocieTerra Environmental Bond Fund<br \/>\nwill be steered with active management and conviction management. The fund&#8217;s main<br \/>\nperformance driver will be investment in debt securities that support the environmental and<br \/>\nenergy transition, described as green bonds by Mirova&#8217;s responsible investment research<br \/>\nteam. As such, the management approach will combine financial and non-financial tactics:<br \/>\nspecific analysis of each project financed, ESG analysis of the issuer, and fundamental analysis<br \/>\nto determine the bond&#8217;s financial attractiveness. The fund will try to benefit from different<br \/>\ninternational economic cycles by diversifying in terms of geography, economic sector, and<br \/>\ncredit rating.<\/p>\n<p>The Desjardins SocieTerra Environmental Bond fund will be managed by Christopher Wigley,<br \/>\nwith Marc Briand, co-manager and head of Fixed-income at Mirova who will particularly rely on<br \/>\nMirova&#8217;s responsible investment research team of 12 analysts.<\/p>\n<p>Philippe Zaouati, CEO of Mirova, commented on the announcement: <em>&#8220;We are proud to have<br \/>\nreceived this management mandate from Desjardins Global Asset Management. It is proof that<br \/>\nour expertise in green bond management is recognized on the market. Additionally, this<br \/>\nmandate is part of our international growth strategy at Mirova, a strategy that is clearly<br \/>\nbeginning to pay off.&#8221;<\/em><\/p>\n<p>Michel Lessard, Vice President of Desjardins Global Asset Management added: <em>&#8220;By financing<br \/>\ntangible assets, green bonds fill direct, concrete needs: they enable issuers to diversify their<br \/>\ninvestor base and investors to actively participate in financing the energy transition. We are<br \/>\ndelighted, alongside Mirova, to commit to this energy transition by launching the Desjardins<br \/>\nSocieTerra Environmental Bond Fund, the first green bond fund on the Canadian market.&#8221;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mirova, an asset management company dedicated to responsible investment, is<br \/>\nannouncing today that it was selected by Desjardins Global Asset Management to<br \/>\nprovide delegated management of an international green bond fund, the Desjardins<br \/>\nSocieTerra Environmental Bond Fund, for a total of 100 million Canadian dollars. <\/p>\n","protected":false},"author":20,"featured_media":54978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1849,1826,1682,2094,2007,1685],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/54980"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=54980"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/54980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/54978"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=54980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=54980"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=54980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}