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Sustainable investing

Annual market review & outlook – private assets - 2024: Mirova

February 07, 2024 - 10 min read

Highlights

  • Energy transition infrastructure. In 2023, the infrastructure market suffered the consequences of rising interest rates. The easing of interest rates at the end of 2023 marks a clear shift in favour of investment in non-listed securities, and more particularly in green infrastructure.
  • Private equity. A slowdown in fundraising over 2023 and 2024, but segments unevenly affected: buy-out/capital transmission and venture capital/risk capital are suffering, while impact and ESG funds are attracting investors. Growth/acceleration capital remains insufficiently covered by investors.
  • Natural capital. More than half the world's GDP is dependent on ecosystem services. The issue of preserving natural capital through sustainable land use or sustainable ocean management is gathering pace. Voluntary nature-based carbon credits represent a complementary solution to corporate decarbonisation strategies.

All investing involves risk, including the risk of loss. Investment risk exists with equity, fixed income, and alternative investments. There is no assurance that any investment will meet its performance objectives or that losses will be avoided. Investors should fully understand the risks associated with any investment prior to investing.

DR-62364

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