Natixis set to expand UK fund range

Natixis Global Asset Management is poised to launch a global concentrated equity fund in a bid to further develop its UK-domiciled range.

The French fund manager is in late talks with its Chicago-based affiliate, Harris Associates, to launch an OEIC fund in the second half of 2014. Should it be approved, the proposition will be the fourth product in its UK fund range. Natixis head of UK retail and international products, Chris Jackson, said: “We want to bring the right product from those affiliates at the right pace into the UK marketplace. We definitely plan to increase that range.” He said a global concentrated fund could stand out: “There are lots of global equity funds in the marketplace, but we cannot find another ...