BOSTON--(BUSINESS WIRE)--Natixis Global Asset Management today announced the kick-off of a new business development initiative in Canada. The expansion will focus on tapping the steadily growing Canadian institutional market by forging and strengthening Natixis relationships with institutional and subadvisory clients throughout the region.
“We are confident that our proven ability to help manage risk through our Durable Portfolio Construction approach will resonate with pension funds, endowments and foundations seeking ways to protect their clients from volatility,” said John Hailer, chief executive officer of Natixis Global Asset Management in the Americas and Asia. “The current Canadian institutional market, estimated to be $1.5 trillion and growing, is a diverse market that pairs well with the investment solutions available through our worldwide network of affiliated investment managers.”
Natixis manages more than $899 billion in assets through its affiliates and was selected as the top U.S. mutual fund family based on an evaluation of 2013 performance, according to the annual Barron’s/Lipper ranking of U.S. mutual fund families.1
The firm’s business development effort will initially focus on the institutional markets in Ontario and Quebec. Montreal-based Roxane St.-Martin, senior vice president, institutional services, and Boston-based Ian Macduff, senior vice president, institutional services, will co-manage the Natixis Canadian distribution efforts.
St.-Martin brings more than 16 years in asset management experience to the position, and has served with Natixis in the U.S., Paris and her native Canada. She joined Natixis Asset Management in Paris in 2009, becoming head of wholesale in 2010. She is a CFA® charterholder.
Macduff is a 20-year veteran in the financial services industry, having previously worked in retirement sales at Fidelity Investments. He is a Certified Investment Management Consultant. Both managers hold FINRA Series 7 and 63 licenses. They can be contacted at Roxane.St-Martin@ngam.natixis.com and Ian.Macduff@ngam.natixis.com.
The team reports to Robert Hussey, executive vice president of institutional services for Natixis Global Asset Management – U.S.
About Natixis Global Asset Management, S.A.
Natixis Global Asset Management, S.A. is one of the 15 largest asset managers in the world based on assets under management.2 Its affiliated asset management companies provide investment products that seek to enhance and protect the wealth and retirement assets of both institutional and individual investor clients. Its proprietary distribution network helps package and deliver its affiliates’ products around the world. Recognized as the #1 U.S. mutual fund family for 2013 performance in the annual Barron’s/Lipper Fund Family Ranking,1 Natixis Global Asset Management, S.A. brings together the expertise of multiple specialized investment managers based in Europe, the United States and Asia to offer a wide spectrum of equity, fixed-income and alternative investment strategies.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A.’s assets under management totaled $899.9 billion (€652.9 billion) as of March 31, 2014.3 Natixis Global Asset Management, S.A. is part of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Absolute Asia Asset Management; AEW Capital Management; AEW Europe; AlphaSimplex Group; Aurora Investment Management; Capital Growth Management; Caspian Private Equity; Darius Capital Partners; Gateway Investment Advisers; H2O Asset Management; Hansberger Global Investors; Harris Associates; IDFC Asset Management Company; Loomis, Sayles & Company; McDonnell Investment Management; Mirova Asset Management; Natixis Asset Management; Ossiam; Natixis Environnement & Infrastructure Luxembourg; Reich & Tang Asset Management; Snyder Capital Management; Vaughan Nelson Investment Management; and Vega Investment Managers. Visit ngam.natixis.com for more information.
1 Barron's/Lipper 2013 one-year fund family ranking based on 64 qualifying U.S. fund companies. Each fund family must have at least three funds in Lipper's general U.S.-stock category, one world (global and international), one mixed-asset/balanced (stocks and bonds), two taxable bond and one tax-exempt bond fund. Past performance is no guarantee of future results.
2 Cerulli Quantitative Update: Global Markets 2013 ranked Natixis Global Asset Management, S.A. as the 15th largest asset manager in the world based on assets under management as of December 31, 2012.
3 Assets under management (AUM) may include assets for which non-regulatory AUM services are provided. Non-regulatory AUM includes assets which do not fall within the SEC’s definition of ‘regulatory AUM’ in Form ADV, Part 1.