Loomis Sayles Partners with Nordea on Global Equity Distribution
BOSTON -- November 13, 2013
Loomis, Sayles & Company announced today that it had formed an exclusive
partnership with Nordea Investment Management to manage Nordea’s Global
Opportunity Fund. Nordea will distribute both the fund and the institutional
strategy throughout the UK and Europe.
Nordea’s Global Opportunity Fund is an actively managed, high-conviction,
large cap, global strategy with typically 45-65 holdings. The fund is
co-managed by Eileen Riley and Lee Rosenbaum of Boston-based Loomis, Sayles &
Company. Loomis Sayles is an affiliate of Natixis Global Asset Management.
Loomis Sayles' global equity strategy was recently awarded a $220 million
mandate from Cumbria County Council, a local government pension scheme in the
UK, bringing its global equity opportunities platform to over $1.50 billion in
assets under management.
“We are thrilled to have the opportunity to partner with Nordea to deliver our
global equity strategy to the UK and European marketplace given their breadth,
scale and top-notch reputation. Nordea is known for working closely with
best-in-breed asset managers to offer investors around the world compelling
investment strategies,” said Robert J. Blanding, CEO of Loomis Sayles. “We
look forward to serving investors through this unique partnership.”
The fund seeks to generate alpha through bottom-up stock selection based on
fundamental research and a disciplined investment approach. The portfolio
managers collaborate closely with in-house research staff to find quality
companies expected to grow intrinsic value and that trade at attractive
About Loomis Sayles
Since 1926, Loomis, Sayles & Company, has served the investment needs of
institutional and fund clients. As performance-driven investors seeking
exceptional opportunities, Loomis Sayles employs actively managed disciplines
that combine fundamental research, systematic risk assessment and experienced
portfolio management. This rich tradition has earned Loomis Sayles the trust
and respect of clients worldwide, for whom it manages more than $193 billion
in assets as of September 30 2013. Loomis, Sayles & Company is a wholly-owned
subsidiary of Natixis Global Asset Management, L.P.
Nordea Asset Management, a leading European asset manager from the Nordic
region managing over $198 billion in assets as of September 30 2013 on behalf
of more than 700 Institutional clients and mutual funds globally, is a wholly
owned subsidiary of Nordea AB, a publicly listed company.
Loomis, Sayles & Company
Meg Clough, 617-346-9716
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