Enlace - Spainsif

Oportunidades de Inversión entorno a las
problemáticas medio ambientales
Sophie del Campo – Directora General NGAM Iberia y Latam
Octubre 2014
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AN EXPERTISE OF
Este documento está destinado a inversores cualificados.
Oportunidades de inversión por temática (ESG)
- Contaminación
- Agotamiento de los recursos
M
edioambientales
- Disminución de la biodiversidad
- Cambio climático
- Respeto de los derechos humanos
S
ocial
G
- Desarrollo
- Visión a largo plazo basada en la creación de valor
obierno corporativo
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- Salud
- Protección de los intereses de todos los grupos de interés
AN EXPERTISE OF
Oportunidades de inversión ligadas a las medidas
medio ambientales
¿ Qué temas ?
• Energías Renovables
• Eficiencia Energética
1-Source: HSBC
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Oportunidades de inversión ligadas a las medidas
medio ambientales
¿ Cómo ?
• Los fondos de inversión en
renta variable y … renta
fija
• Los fondos de
Infrastructuras
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Mirova en grandes rasgos


Tiene
AM
30 años
Marca propia desde
de experiencía dentro de Natixis
2012
Mirova premios ”leading fund
management firm/best at
SRI/ESG in 2014 by Thomson
Reuters and UKSIF 1
 46 expertos
 €4.300
 5
Renta Variable
€ 2.7 bn
Invirtiendo en
modelos de
negocio
sostenibles que
crean valor a
largo plazo
millones de Activos
especialidades dentro de la ISR
Renta Fija
€ 1.1 bn
Compbina
responsabilidad con
gestión de convicción
integrando criterios
ESG criteria
Infraestructuras
Impacto de inversión
Voto y compromiso
€ 428 million
€ 111 million
€ 38.3 bn
Soporte de
proyectos de
infraestructuras
Responsable
Reconciliando
el impacto social
y
medioambiental
con la
rentabilidad
Ejerciendo los
derechos de los
accionistas con la
guía de expertos
especializados en
el gobierno
Source: Natixis Asset Management – Mirova 30/06/2014
1- The 2014 Survey represents the views of over 360 investment professionals from 27 countries, making it the most extensive assessment of socially responsible investing (SRI) in the European
investment community. Voting was conducted from 24th March to 7th May 2014. It reflects a contribution from 179 buy-side firms and 14 brokerage firms/research houses. More information on
www.uksif.org. Reference to a ranking and/or a price does not indicate the future performance of the fund manager.
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Appendices
Este documento está destinado a inversores cualificados.
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AN EXPERTISE OF
Otros Ejemplos
En un fondo de Private Equity
europeo:
En un fondo de Renta fija europeo:
El ejemplo de los Green Bonds
• El EIB (Banco de inversión de la la Unión
Europea) fue el primero en emitir bonos
verdes ..
• Ahora casí 18 .000 USD han sido ya
emitidos este año
London Array
offshore windfarm,
Enel Greenpower
Energie Ronnivabili II,
Capacity of 840MW
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AN EXPERTISE OF
•
MIROVA – EUROFIDEME 2 ha invertido
1.8 M€ en Santa Lucia, en Abril 2014
•
Santa Lucia es una empresa especializada
en la energía solar fotovoltaica _ está
localizada en Francia (Córcega)
•
Son pioneros en la tecnología utilizada
para el almacenaje de la Energía producida
Ejemplo dentro de un fondo de inversión UCIT
registrado en España de Renta Variable
Modelo de negocio
 Kingspan : Compañía irlandesa cuyo
negocio se centra en los materiales de
construcción, con una capitalización
bursátil de 2.1 mil millones de euros
Reconocimiento de la calidad del modelo de
negocio en los mercados
Kingspan
Total return over the past 5 years
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 Kingspan es un proveedor líder de
materiales para la construcción y soluciones
para reducir el consumo de energía en
edificios residenciales y comerciales
(paneles y productos de aislamiento).
De hecho, el 90% de sus productos están
relacionados con el medioambiente.
 El grupo ofrece un atractivo modelo de
negocio muy bien posicionado para
conseguir un crecimiento superior al
del sector
10
EUR 8
6
4
2
Oct-08
May-09
Nov-09
Jun-10
Jan-11
Jul-11
Feb-12
Aug-12
Mar-13
Fuente: Bloomberg.
Los datos de rentabilidad representan rentabilidades históricas y no
garantizan resultados futuros.
NB: MIROVA tiene 2.4% de posición en esta compañia en el fondo MIROVA
Global Climate Change al 30/09/2014
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AN EXPERTISE OF
Sep-13
Legal information (1/2)
Mirova is a brand of Natixis Asset Management
Natixis Asset Management
Limited Company - Share Capital: €50 434 604,76
RCS Paris 329 450 738 - Regulated by AMF: GP 90-009
Registered Office: 21 quai d’Austerlitz - 75634 Paris Cedex 13
This document may not be used for any purpose other than that for which it was conceived and may not be copied, diffused or communicated to third parties in part or in whole
without the prior written authorization of Natixis Asset Management.
None of the information contained in this document should be interpreted as having any contractual value. This document is produced purely for the purposes of providing
indicative information. It constitutes a presentation conceived and created by Natixis Asset Management from sources that it regards as reliable.
Natixis Asset Management and Mirova Environment and Infrastructure reserve the right to modify the information presented in this document at any time without notice and
particularly the information concerning the description of the management processes which does not in any way constitute a commitment on behalf of Natixis Asset Management or
Mirova Environment and Infrastructure.
Natixis Asset Management will not be held responsible for any decision taken or not taken on the basis of information contained in this document, nor in the use that a third-party
may make of it. Figures mentioned refer to previous years.
Past performance does not guarantee future results. Reference to a ranking and/or an award does not indicate the future performance of the UCITS or the fund manager.
The funds managed by Natixis Asset Management, mentioned in this document have received the approval of the Luxembourg Financial Authorities CSSF or have received
authorization to be marketed in Spain. Prior to any investment, investors must check that they are legally authorised to invest in a fund.
The risks and costs related to investment in a fund are described in the fund’s prospectus. The prospectus and the periodical reports are available on request from Natixis Asset
Management. Potential subscribers must be in possession of a copy of the prospectus before making any subscription. In the case of funds that qualify for a special tax status, we
remind potential investors that the special tax conditions depend on the individual situation of each clients and that such conditions may be subject to future modification.
Under Natixis Asset Management’s social responsibility policy, and in accordance with the treaties signed by the French government, the funds directly managed by Natixis Asset
Management do not invest in any company that manufactures sells or stocks anti-personnel mines and cluster bombs.
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AN EXPERTISE OF
Legal information (2/2)
Additional Notes
In Spain Provided for information by NGAM S.A. or its branch office NGAM, Sucursal en España. NGAM S.A. is a Luxembourg management company that is authorized by the Commission
de Surveillance du Secteur Financier (CSSF) and is incorporated under Luxembourg laws and registered under n. B 115843. NGAM, Sucursal en España is authorised and supervised by
the Comisión Nacional del Mercado de Valores (CNMV) in relation to its activities in Spain, and by the Comissão do Mercado de Valores Mobiliários (CMVM) in relation to its activities in
Portugal. Registered office of NGAM S.A.: 51, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg. Registered office of NGAM, Sucursal en España: Torre Colon II Plaza Colon, 2 - 28046 Madrid, Spain.
The above referenced entities are business development units of Natixis Global Asset Management, the holding company of a diverse line-up of specialised investment management and
distribution entities worldwide. The investment management subsidiaries of Natixis Global Asset Management conduct any regulated activities only in and from the jurisdictions in which
they are licensed or authorized. Their services and the products they manage are not available to all investors in all jurisdictions.
Although Natixis Global Asset Management believes the information provided in this material to be reliable, it does not guarantee the accuracy, adequacy, or completeness of such
information.
The provision of this material and/or reference to specific securities, sectors, or markets within this material does not constitute investment advice, or a recommendation or an offer to
buy or to sell any security, or an offer of services. Investors should consider the investment objectives, risks and expenses of any investment carefully before investing. The analyses,
opinions, and certain of the investment themes and processes referenced herein represent the views of the portfolio manager(s) as of the date indicated. These, as well as the portfolio
holdings and characteristics shown, are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
This material may not be distributed, published, or reproduced, in whole or in part.
All amounts shown are expressed in EUR unless otherwise indicated.
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