Loomis Sayles "San Francisco" Core Team Announces Team Expansion with New Quantitative Analyst Role

BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Loomis, Sayles & Company today announced the addition of Bruce Saldinger as quantitative analyst for the San Francisco Core Bond Team. In this new position, Bruce will be responsible for further integrating the extensive research and technology resources of Loomis Sayles into the team's investment process. The team, which is led by co-heads Bill Stevens and Lynne Royer, manages $750 million in institutional assets.

“We are committed to supporting our existing product capabilities by continuously looking for opportunities to reinvest in and improve our resources”

Bruce joins Loomis Sayles from Wells Capital Management where he worked with Bill and Lynne as the director of quantitative development on the Montgomery Fixed Income Team. In this new role, Bruce will continue to work with Bill, Lynne and their team and will focus on helping to evolve the investment process by leveraging the existing research and technology resources available at Loomis Sayles. This will include tapping into the vast fundamental research of Loomis Sayles, particularly in the corporate, mortgage and structured product sectors. He will also help incorporate the tools and insights from the Quantitative Research and Risk Analysis group into the team's investment process. Bruce will collaborate with the Boston-based Technology team on projects that include enhancing performance attribution models, risk management, OAS or prepayment models, and integration of "street" information with existing investment processes.

"We are committed to supporting our existing product capabilities by continuously looking for opportunities to reinvest in and improve our resources," said Jae Park, chief investment officer, fixed income. "Over the last few years, we have announced several key initiatives and additions in the areas of credit research, macro strategies and quantitative research and risk management. We believe Bruce is another example of this commitment and feel confident that he will make an existing team and investment process even stronger."

"I worked with Bruce for eight years at Wells Capital Management and I'm delighted to have him join our team. Bruce excels at knowing how an investment process can be made more robust through the use of technology. Lynne and I are thrilled to have him come aboard," said Bill Stevens.

The team also announced the addition of Brad Stevens as credit analyst, and Melissa Jones as a trading assistant. Both are filling in new positions on the team.

About Loomis Sayles

Since 1926, Loomis, Sayles & Company, L.P. has served the investment needs of institutional and mutual 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 $152 billion in equity and fixed income assets as of December 30, 2010.

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