Loomis Sayles launches absolute return bond fund

Loomis Sayles & Company, a subsidiary of Natixis Global Asset Management, has launched an absolute return bond fund.

The Loomis Sayles Absolute Strategies Bond fund invests across a range of fixed income asset classes, including government, sovereign and corporate. It also has the ability to use equities, currencies and securitised assets. Positions can be long or short through physical assets or derivatives. Brought to the market on 2 March, the Luxembourg-domiciled fund will be managed by Matthew Eagan, Kevin Kearns and Todd Vandam. The managers look at global themes including interest rates, the credit cycle and currency outlooks before making tactical asset allocation decisions. Ster...