Ninety One has recruited Stephanie Niven from Aviva Investors to expand its portfolio of global sustainable funds.
Niven (pictured) joins as a portfolio manager in the fund group’s equity thematic team, which sits in its multi-asset division. From there, she will lead the development of Ninety One’s global sustainability equity offering.
Ninety One said the appointment of Niven is a boon to the team’s sustainability credit and underscores his belief that “companies that successfully address global sustainability challenges will outperform over time.”
Currently, he has a dedicated sustainable investment strategy for UK clients, Deirdre Cooper and Graeme Baker’s Ninety One Global Environment fund. The Oeic has seen its assets skyrocket to £ 1.1bn since its launch in December 2019 after an exceptional 2020 in which it returned 47.8% versus 15.3% for IA Global.
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“Expanding our global offering of sustainable equities will be another milestone in Ninety One’s drive to place sustainability at the heart of our business,” said Mimi Ferrini, Co-Director of Investments at Ninety One.
“Stephanie shares our vision of developing the company’s sustainable investing capabilities, and her sustainable investing philosophy is absolutely aligned with ours.”
Niven has over 16 years of experience, including six years at Tesco Pension Investments as a portfolio manager of global equities, as well as positions at Javelin Capital and Goldman Sachs, where she began her career.
In May 2019, she was promoted to appointed manager of the Aviva Investors Global Equity Endurance fund. The £ 336.1million Oeic version of the fund has delivered a 57.1% return since launch compared to IA Global’s average of 40.7%.
She is also a member of the board of directors of Humanism UK and the COIF Charity Funds.
Niven said she is excited to join Ninety One and build on the company’s progress in developing sustainable investment solutions.
“Ninety One is clearly committed to sustainability with substance. We have an exceptional opportunity to develop sustainable global equity capabilities with a differentiated approach to understanding externalities and how culture leads to sustainable competitive advantages.
“Our goal is to meet the financial needs of investors and contribute to positive environmental and social progress, while minimizing negative impacts.”