Groundbreaking Merger Between Mirova and Thematics AM Set to Redefine Thematic Asset Management
Mirova and Thematics AM's strategic merger promises to create a global leader in thematic investing, expanding thematic offerings and impact.
In an ambitious strategic move, Mirova and Thematics Asset Management, both affiliates of Natixis Investment Managers, are set to merge, heralding a new era in thematic asset management. This merger seeks to propel the entities to become “a global reference in thematic asset management,” combining Mirova’s established reputation in responsible investing with Thematics AM’s focus on dynamic thematic strategies.
Combining Forces for Greater Impact
Together, Mirova and Thematics AM manage over an impressive €35 billion in assets. The merger leverages Mirova’s thematic investment in climate, biodiversity, and social inclusion with Thematics AM’s specialized themes such as AI, water management, and health. Their combined expertise aims to offer a wider array of thematic investment products globally, poised to intrigue investors across Europe, North America, and Asia-Pacific.
Establishing a Diversified Investment Platform
This union envisions the formation of a diversified platform that seamlessly aligns performance with purpose, offering expanded choices to meet the varied needs of contemporary investors. As Philippe Setbon, CEO of Natixis Investment Managers, articulated, the merger is a step towards achieving their strategic Vision 2030, addressing evolving market demands and positioning the entities as a consolidated force in thematic investing.
Strategic Goals and Future Prospects
Philippe Zaouati, CEO of Mirova, emphasized the merger’s alignment with their strategy to double their assets by 2030, enhancing their positive impact on the environment and society. The strategic goals include greater presence in listed markets and expanding their responsible investing portfolio, fortifying their leadership in sustainable finance.
Enhanced Expertise for the Challenges of Our Time
President and CIO of Thematics AM, Karen Kharmandarian, noted the merger’s potential to broaden client offerings by harnessing collective expertise, featuring innovative thematic products tailored to global challenges. Following regulatory approvals, the transaction is anticipated to close by the fourth quarter of 2025, marking a significant advancement in thematic asset management.
According to Funds Europe, this merger is expected to redefine the investment landscape by aligning thematic focus with global sustainability challenges, an endeavor welcomed by investors and stakeholders alike.
