Loomis Sayles Launches Emerging Markets Opportunities Fund
BOSTON--(BUSINESS WIRE)--Loomis, Sayles & Company announced today the launch of the Loomis Sayles Emerging Markets Opportunities Fund, an unconstrained emerging markets bond mutual fund that has the flexibility to invest in developing markets around the world. The Fund will be co-managed by longtime global investors Peter Marber, David Rolley, Edgardo Sternberg, and Peter Frick.
“In our ongoing effort to provide clients well rounded investment solutions, we’re pleased to launch our first US mutual fund focused on emerging economies. This Fund will offer investors a unique opportunity to invest across all three asset classes; hard currency sovereigns, local currency sovereigns and emerging market corporate debt”
This new fund provides the portfolio managers with the flexibility to invest in opportunities across various developing markets in Asia, Latin America, Africa, Central Europe, and the Middle East - some of the fastest growing in the world. The Fund’s co-managers can select from sovereign and corporate securities denominated in both local and hard currency. The Fund’s co-managers will draw upon Loomis Sayles’ deep global research capabilities, including macroeconomic analysis, global credit and sovereign research, and quantitative analysis and risk management.
“In our ongoing effort to provide clients well rounded investment solutions, we’re pleased to launch our first US mutual fund focused on emerging economies. This Fund will offer investors a unique opportunity to invest across all three asset classes; hard currency sovereigns, local currency sovereigns and emerging market corporate debt,” said Jae Park, chief investment officer. “We believe this approach may give investors exposure to yield curves and asset prices that typically do not move in tandem with developed markets, including the US.”
As of December 31, 2013 Loomis Sayles manages approximately $12 billion in emerging markets assets across the company.
“Few investors realize that emerging market countries represent approximately 20% of the world’s financial assets, and these markets have been broadening and deepening rapidly over the last decade. We believe our new fund offers diversification and return opportunities that complement traditional US-dollar bond portfolios, as well as a potential hedge against inflation,” said Peter Marber, head of emerging market investments.
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 $200 billion in assets as of December 31, 2013.
Foreign and emerging markets securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.
Bonds may carry one or more of the following risks: credit, interest rate (as interest rates rise bond prices usually fall), inflation and liquidity.
Currency risk involves changing exchange rates between the U.S. dollar and foreign currencies, which may cause the value of the fund’s investments to decline.
Derivatives prices depend on the performance of an underlying asset and may be highly volatile; derivatives may carry one or more of the following risks: market, credit and liquidity.
Non-diversified risk arises with non-diversified funds that invest a greater portion of assets in few securities and therefore may be more vulnerable ad adverse changes in the market.
Before investing, consider the fund's investment objectives, risk, charges, and expenses. Visit loomissayles.com or call 1-800-633-3330 for a prospectus or a summary prospectus containing this and other information. Read it carefully.
NGAM Distribution, L.P. is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Global Asset Management, L.P.