Natixis Global Asset Management subsidiary Loomis Sayles & Company, headquartered in Boston Massachusetts, has launched an absolute return fund to cater for investor demand for UK and Eu
Natixis Global Asset Management subsidiary Loomis Sayles & Company, headquartered in Boston Massachusetts, has launched an absolute return fund to cater for investor demand for UK and European fixed income strategies. The Loomis Sayles Absolute Strategies Bond Fund is a sub fund of Natixis International Funds I – an open-ended Lux-domiciled investment company. Described as an “all weather” fund, it aims to return consistent returns to investors regardless of market conditions and will invest in a range of fixed income securities to mitigate downside risk. A three-man management team heads up the fund: Matthew Eagan, Kevin Kearns and Todd Vandam who collectively bring nearly 60 years’ investment experience to the table. Both equity l/s positions and derivatives are to be used across various asset classes including fixed income securities (government, sovereign and corporate bonds), equities, currencies and securitized assets. The fund’s positions are established by assessing global macro themes, adjusting exposure to credit, currencies and sectors accordingly to avoid systematic market risks, with hedging achieved primarily via derivatives. “We are always looking for ways to help investors acquire the flexibility needed to help maximise return while stemming the downside risk associated with volatile markets. We believe this Fund can provide a solution to that challenge,” said Jae Park, CIO for Loomis Sayles Fixed Income group.
