The new director will be tasked with implementing the firm’s net zero commitments.
Ninety One has announced the appointment of Daisy Streatfeild as sustainability director.
While leading the global investment manager’s net zero strategy, Ms Streatfeild will also work with the investment teams to develop sustainability products and clients to assist their approaches to sustainable investing.
Ms Streatfeild joins Ninety One from the Institutional Investors Group on Climate Change (IIGCC), where she worked as programme director and helped to establish the Paris Aligned Investment Initiative.
Prior to that, she worked as an advisor for sustainable infrastructure at the Inter-American Development Bank Group as well.
“As a signatory to the Net Zero Asset Managers Initiative, Ninety One is committed to ensuring that our portfolios achieve net zero emissions by 2050,” Ninety One chief sustainability officer, Nazmeera Moola, said.
“Given our emerging markets heritage, we also understand the importance of setting net zero targets that do not depend on exclusion and divestment, and can be assessed in the real economy - otherwise net zero will remain a pipe dream, as opposed to the reality we seek.
“Daisy’s deep level of experience in working within the sustainable finance sector, coupled with her passion for transforming the investment industry for the better, positions her as an ideal member of our team,” she added.
The non-executive director will retire after 12 years on the company’s board. ...