Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Portfolio Construction

Natixis Plans First Target-Date Suite Focused on ESG: Top Portfolio Products

Your article was successfully shared with the contacts you provided.

Natixis Global Asset Management filed a registration statement with the Securities and Exchange Commission for the first series of target-date mutual funds in the U.S. that follow a sustainable investing approach, according to an announcement.

The Natixis Sustainable Future Funds will include 10 funds with time horizons ranging every five years from 2015 to 2060.

“Our research shows that most people want to invest in companies that are ethically run, have a positive social impact, and have strong environmental track records,” said John Hailer, CEO for the Americas & Asia and head of Global Distribution, in a statement. 

In the firm’s 2016 Global Survey of Individual Investors, a majority stressed the importance of investing in companies that are ethically run (83%), have a positive social impact (70%) and have good environmental records (70%).

Its 2016 Retirement Plan Participant Study2 found that 71% of millennials saying they would be more willing to contribute to their retirement plan if they knew their investments were doing social good.

The funds will select securities based on environmental, social and governance (ESG) criteria with respect to such issues as fair labor, anti-corruption, human rights, fair business practices and mitigation of environmental impact, and it will seek a diversified portfolio of investments that contribute to a more sustainable future.

Ed Farrington, Natixis’ executive vice president for retirement strategies, believes the firm’s new ESG offering could get more investors to save for retirement.

“Comprehensive retirement plans that offer a wider range of choices, especially investments that reflect workers’ values and beliefs, encourage an increased level of saving that would help investors reach their retirement goals,” Farrington said in a statement.

The proposed funds will be advised by NGAM Advisors, L.P. and sub-advised by Natixis Asset Management U.S., LLC (Natixis AM U.S.). Among other investment constituents, the funds will incorporate equity and fixed income allocations that leverage the ESG expertise of Mirova, an affiliate of Natixis AM U.S., which has managed responsible investment solutions for almost 30 years. Natixis has also selected Wilshire Associates as a sub-advisor to provide glide path design and portfolio allocation services.

Hartford Funds Reduces Fees on Strategic Beta ETFs 

Hartford Funds will cut fees on four of five strategic beta exchange-traded funds by an average 14%, effective January 1, 2017, according to press release.

The funds are the Hartford Multifactor Developed Markets (ex-US) ETF (RODM), Hartford Multifactor Emerging Markets ETF (ROAM), Hartford Multifactor U.S. Equity ETF (ROUS) and Hartford Multifactor Global Small Cap ETF (ROGS). The new fees will range from 0.29% to 0.59%. 

Morningstar’s HelloWallet Launches Free Student Loan Calculator

Morningstar’s HelloWallet unit launched a student loan calculator to help individuals determine whether to allocate extra income to retirement or to paying down student loans.

The free student loan calculator asks for information such as how an individual spends or saves discretionary income, an employer match rate for a retirement savings plan and the status of any student loans. The end result is how much more net wealth an individual might have in retirement if they choose the more optimal strategy proposed by the calculator.

Amplify ETFs Launches the Dividend & Option Income ETF

Amplify ETFs expanded its suite of income-oriented ETF solutions with the launch of Amplify YieldShares CWP Dividend & Option Income ETF (DIVO), according to a press release.

DIVO is an actively managed ETF with a two-fold income approach via dividend paying stocks and option writing. This new ETF follows the existing separately managed account strategy, the Enhanced Dividend Income Portfolio (EDIP) managed by its sub-adviser Capital Wealth Planning.

SSGA and Bloomberg Expand Global Access to Fixed Income ETF Creation and Redemption

State Street Global Advisors (SSGA) and Bloomberg announced enhancements to Bloomberg’s Fixed Income ETF Basket service (BSKT), which automates the process of gaining access to liquidity necessary to create and redeem fixed income ETFs and integrates functionality from across the Bloomberg Terminal.

The enhancement increases the efficiency of fixed income ETF basket creation and redemption by enabling dealers to proactively provide existing bond inventory from which providers can create targeted baskets.

—Read last week’s roundup here: Deutsche Asset Management Launches High Yield Bond ETF: Top Portfolio Products


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.