Japanese investment firm Nomura Asset Management has launched a US$1.8 billion Global Sustainable Equity (GSE) Fund on behalf of French investment manager Caisse des Dépôts and its client, public pension fund Ircantec. The fund, which will be registered in Ireland and available to investors across multiple markets in Europe and Asia, is a tailored version of Nomura’s existing GSE fFund. Commenting on the launch, Kenichi Suzuki, Senior Managing Director at Nomura Asset Management UK, said: “We are pleased to welcome Caisse des Dépôts and Ircantec to our ever-growing pool of GSE clients.” Alex Rowe, Lead Portfolio Manager at Nomura, added: “Winning this business against such strong competition is a fantastic testament to all of the dedication the global equity team has put in over the last decade to create an approach to ESG and sustainable investment that is highly differentiated within our industry. We tailored the strategy of our core Global Sustainable Equity Fund for the client and this reflects a trend within the sustainable investment industry towards working with clients on a more bespoke, partnership basis to support individual goals and viewpoints.”
