Loomis Sayles to expand range with global and US launches

Greater global focus for the firm

Loomis Sayles, an affiliate of Natixis Global Asset Management, plans to launch two UCITS funds in 2016.

The first will be a global growth strategy investing in large-cap companies, which will have $30bn capacity across all versions. An institutional fund for US investors will launch at the start of 2016, followed by a Luxembourg-domiciled UCITS version later in the year. Hollie Briggs, client portfolio manager at Loomis Sayles, said: "We have always done global research, so having a global fund will allow us to leverage that knowledge and express our skills." Natixis is seeding the fund with $5m but Briggs said there may be additional investors by the time the funds are launched. ...