Natixis plans next global equity launch for UK

Natixis Global Asset Management is said to be in late discussions with affiliate Harris Associates regarding a global concentrated equity fund for its UK product range.

Natixis plans next global equity launch for UK
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The Chicago-based affiliate looks set to launch an OEIC in the second half of 2014, the fourth fund in the UK domiciled range which currently includes Loomis Sayles Strategic Income and US Equity Leaders funds, and the H20 MultiReturns Fund, which was launched in October 2013.

Harris Associates is a value house which runs more than £70bn of domestic equity, international equity and balanced portfolio-held assets using a fundamental proprietary research-based process.

It currently runs the Concentrated US Equity, Global Equity and US Equity funds for Natixis’ international range.

Elsewhere, the group is also due to be considering a downside protected, multi-asset fund through French volatility specialist affiliate Seeyond, another of its 20 strategic partners.

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