The mandate, which was launched in December 2024, is a tailored version of NAM’s existing Global Sustainable Equity (GSE) Fund which NAM opened for investment in 2019. The core GSE Fund is a concentrated global equity strategy that aims to deliver risk-adjusted returns by investing in companies which the team believes have high positive total stakeholder impact. Once fully funded, the Global Sustainable Equity franchise will be approaching $1.8 billion in assets under management across the core strategy and its variants which include environmentally enhanced and Sharia versions, the firm said in a statement.

The fund, which is registered in Ireland, is available to investors in Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, and the UK, the firm told this news service.

“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,” the lead portfolio manager, Alex Rowe, said. “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.” 

“We are pleased to welcome Caisse des Dépôts and Ircantec to our ever-growing pool of GSE clients,” Kenichi Suzuki, senior managing director and head of global business unit NAM UK, added. 

Headquartered in Tokyo, Nomura has investment offices throughout the world including London, Singapore, Malaysia, Hong Kong, Shanghai, Taipei, Frankfurt and New York.