IML and Loomis Sayles launch equity fund
Investors Mutual Limited (IML) and Loomis Sayles, an affiliate of Natixis Investment Managers, have joined forces to launch a new global equity fund for Australian retail investors, the Loomis Sayles Global Equity Fund.
The fund would be distributed to Australian advisers and direct investors by IML, and would be co-managed by Eileen Riley and Lee Rosenbaum.
Loomis Sayles’ chief executive, Kevin Charleston, said when it came to this particular strategy, the firm’s focus was on providing investors with access to quality businesses with strong underlying fundamentals, the capability to grow their intrinsic value and attractive valuations.
IML’s investment director, Anton Tagliaferro, said the launch was in response to Australian investors’ demand for diversification and a global perspective.
The fund, which was recently awarded a Zenith recommended rating, would be available to advisers on the Netwealth and HUB24 platforms.
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