Nanuk Asset Management has announced the appointment of John Lobb as a portfolio manager from 17 July, a move that the firm said adds further resources to Nanuk’s investment team.
Mr Lobb brings over three decades of experience, as an equities analyst and portfolio manager, to the role. Prior to joining Nanuk, he served as a global equities portfolio manager and senior analyst at Insync Funds Management.
Before this, he held key investment positions at Orion Asset Management, Credit Suisse Global Asset Management, and Citigroup Global Asset Management.
Commenting on the firm’s latest appointment, chief investment officer Tom King said that he is delighted to have Mr Lobb join the team.
“John’s experience will improve our capacity to research the expanding numbers of opportunities related to the emerging ‘sustainability revolution’ and his focus on quality and growth will complement the approaches of our existing team.
“His focus on identifying quality, undervalued businesses benefiting from structural tailwinds is very well aligned with our approach. He is well known to us having previously worked with Tristan and Nanuk director Tim Ryan,” Mr King added.
Mr Lobb holds a bachelor of economics majoring in finance and accounting from Macquarie University, and a graduate diploma in applied finance and investment through FINSIA.
Also in the firm’s announcement on Monday, Mr King said that it is an exciting time for sustainably themed investing, with technologies such as electric vehicles and renewable energy moving from infancy to maturity, with new opportunities emerging in areas such as hydrogen, carbon capture and storage and artificial intelligence.
As such, Nanuk said it recognises that environmental challenges present both opportunities and risks for investments.
“The recent breaking of global temperature records, with average global temperature reaching 17C this month, surpassing the previous record of 16.9C set in August 2016, serves as a clear reminder of the likelihood of further government support for more sustainable technology as we move through this decade,” the firm said in its statement this week.
“Investor and financial adviser demand for sustainable investment continues to grow due to several key factors,” added Dan Powell, head of distribution for Nanuk.
Among them, Mr Powell said that investor preferences, regulatory mandates, corporate pledges, and increasing recognition that climate factors impact investment performance all contribute to this trend.