Natixis is expanding its environmental, social and governance offering.

Natixis Global Asset Management has launched its Mirova Global Green Bond Fund in partnership with a Paris-based asset manager, designed to diversify investors' portfolios while providing total return by investing in bonds that finance environmental projects.

Mirova specializes in responsible investing. Natixis says it uses Mirova's in-house environmental, social and governance research team to analyze bond issuers and projects it may wish to finance in order to gauge the ESG impact of each bond. 

Eligible green bond investments are then evaluated using credit analysis and security-specific analysis, Natixis says. The fund must invest at least 40 per cent of assets in securities domiciled outside of the US.

It is co-managed by Christopher Wigley and Marc Briand.

“The fund is dedicated to financing environmental transition projects while potentially benefitting investors with global diversification and sustainable value,” Natixis this week said in a statement. 

“At Mirova, we have nearly three decades of sustainable investing experience, familiarity with the green bond principles and an in-house ESG research team which performs analysis on each issuer,” said Jens Peers, chief investment officer at Mirova.

She added: “The Mirova Global Green Bond Fund utilizes these assets, as well as traditional and fundamental credit evaluation, to populate the portfolio, resulting in a comprehensive, high-conviction, global green bond strategy.”