The Loomis Sayles Strategic Income Fund, a sub-fund of Natixis Investment Funds UK, aims to provide high income and increased investment value over a long term horizon. It will invest primarily in income-producing securities and will focus on global corporate, convertible and government bonds.
Dan Fuss, portfolio manager and vice chairman of Loomis, Sayles and Company, said: “In an environment like this, investing in a fund that has the ability to sift through asset classes and pick specific bonds of companies with strong market share and growth potential is absolutely essential.
“The beauty of our flexibility is we can shorten duration, when necessary, and we have already positioned ourselves for a protracted rising rate environment.”
Fuss will manage the fund alongside Elaine Stokes and Matt Eagan.
Future plans
The launch of the new fund builds on the firm’s presence in the UK wholesale market, and marks the start of its new UK Open-Ended Investment Company (Oeic). Over time this will include a range of sub funds from NGAM’s underlying investment managers.
Ed Farrington, head of global key accounts and UK wholesale at NGAM, said: “The introduction of the Oeic structure in general, and the initial launch of the Loomis Sayles Strategic Income Fund in particular, aims to help investors meet their objectives by providing them with access to a range of market leading investment solutions from our affiliates.”
NGAM has also expanded its UK wholesale and retail team, hiring Leigh Fisher formerly of Neptune Investment Management, and Darren Pilbeam who joined from Investec. They have been appointed as head of advisory and head of strategic alliances respectively.
