LONDON--(BUSINESS WIRE)--Loomis, Sayles & Company has been selected to manage a GBP 200 million diversified fixed income mandate on behalf of the Wiltshire Pension Fund, representing approximately 10% of the total pension scheme assets. The mandate will be allocated evenly between two strategies: Loomis Sayles Strategic Alpha and Loomis Sayles World Credit Asset1.
Loomis Sayles Strategic Alpha, an absolute return fixed income fund, pursues attractive returns across global markets in both rising and falling interest rate environments through the use of non-traditional investment techniques. Loomis Sayles World Credit Asset, a global multi-asset credit strategy, seeks returns from multiple sources of global credit. The objective of the Pension Fund’s credit portfolio is return generation and to diversify returns away from equities, whilst these strategies were selected to additionally seek stability against possible interest rate rises, and the potential for low or negative returns from UK bonds.
The Strategic Alpha strategy is managed by Matthew Eagan, Kevin Kearns and Todd Vandam, and the World Credit Asset strategy is managed by Tom Fahey and Kevin Kearns. The managers have an average of 23 years of investment experience between them and over 90 years of combined experience.
Commenting on the appointment, Jeff Seaver, Managing Director, Loomis Sayles Investments Limited said “This appointment reflects our continued commitment to bringing investors high quality fixed income solutions which seek to produce strong returns, whilst managing volatility. We look forward to a successful partnership with the Wiltshire Pension Fund.”
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 $230.2 billion in assets as of December 31, 2014. Loomis Sayles is a wholly owned affiliate of Natixis Global Asset Management.
1 Initial allocation. Future allocations may vary over time dependent on market cycles.