Newton  

Ninety One's sustainability head joins Newton IM

Ninety One's sustainability head joins Newton IM
 

Newton Investment Management has appointed Ninety One’s former head of sustainable investment in the same role.

Therese Niklasson will join the firm, which is part of BNY Mellon Investment Management, on February 7.

She will join the firm from Ninety One, where she has spent the past ten years as head of ESG and ESG research, and most recently as global head of sustainability. She has held the post for a year.

Article continues after advert

At Newton IM, Niklasson will oversee the firm’s responsible research agenda, and lead the integration, measurement and evidencing of ESG factors within the investment processes across strategies and asset classes.

She will manage Newton IM’s responsible investment team of 19, as well as sitting on the executive committee and report to chief executive officer Euan Munro.

Munro said: “As a purposeful owner, Newton seeks to be long-term in its approach, selective in its choices, deep in its research and active in its engagement, always for the benefit of its clients. 

“Our global head of sustainable investment is a pivotal role, leading the next stage in our 40-year responsible investment journey to help shape and promote awareness of Newton’s sustainable investment strategies and approach to responsible investment.

“Therese’s extensive experience and proven track record in building global ESG capabilities and influencing and transforming investment teams’ approach to sustainability issues, will be instrumental in driving Newton’s vision and continued development of our sustainable investment franchise.”

Last week, Ninety One appointed Nazmeera Moola to the newly-created role of chief sustainability officer.

She will be responsible for overseeing the firm’s sustainability initiatives, and was previously deputy managing director and head of South African investments at the firm.

sally.hickey@ft.com