Loomis Sayles Partners with Nordea on Global Equity Distribution Business Wire 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 valuations. 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. About Nordea 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. Contact: Loomis, Sayles & Company Meg Clough, 617-346-9716 firstname.lastname@example.org
Loomis Sayles Partners with Nordea on Global Equity Distribution
Press spacebar to pause and continue. Press esc to stop.