Natixis News

Loomis Sayles and McDonnell Investment Management announce agreement to combine

McDonnell Investment Management, LLC will be combined with Loomis, Sayles & Company, L.P. in early 2019. Both companies are affiliates of Natixis Investment Managers. Based outside Chicago, McDonnell specializes in municipal and taxable bond strategies and manages $11.7 billion1 in assets. This combination will provide McDonnell clients with an enhanced offering backed by Loomis Sayles’ expansive investing, research and operational capabilities.

Loomis Sayles is excited about this combination. We believe we can bring significant operational support to the McDonnell municipal investing effort, and free up the portfolio management team to focus on generating alpha,” said Kevin Charleston, chief executive officer of Loomis Sayles. “We also believe municipal investing is important to our clients, and we are pleased to expand our capabilities in that area.

First and foremost, we believe this is in the best interest of both McDonnell and Loomis Sayles clients,” said Mark Giura, chief executive officer and chief investment officer of McDonnell Investment Management. “This integration provides McDonnell clients access to investments backed by Loomis Sayles’ extensive research and technology resources, and supplies Loomis Sayles with key strategic municipal capabilities and additional expertise to serve the insurance market.

We fully support the decision by Loomis Sayles and McDonnell Investment Management to join forces,” said Jean Raby, CEO of Natixis Investment Managers. “The combination of this pair of our investment affiliates further enhances our fixed income offering and unlocks natural synergies that will benefit the clients of both firms.

Natixis Investment Managers plans to transfer ownership of McDonnell Investment Management to Loomis Sayles on January 1, 2019. The McDonnell municipal portfolio management team will remain intact and will continue to operate out of the Oakbrook Terrace, Illinois, office. The management of McDonnell’s core/taxable fixed income strategies will be transitioned later in 2019 to the Loomis Sayles Relative Return team. To ensure continuity for McDonnell clients, Mark Giura will continue to lead the office and support existing client relationships, while managing the integration process with Loomis Sayles.

Loomis Sayles manages $267.3¹ billion in assets and looks far and wide for value – across traditional asset classes and alternative investments – to pursue attractive, sustainable returns for clients worldwide. McDonnell Investment Management manages municipal and core bond strategies for a well-diversified client base, including insurance companies and high net worth individuals.

For further reading
Local bonds with global appeal

Loomis, Sayles & Company, L.P.,
A subsidiary of Natixis Investment Managers,
Investment adviser registered with the U.S. Securities and Exchange Commission(IARD No. 105377)
One Financial Center,
Boston, MA 02111, USA
www.loomissayles.com

McDonnell Investment Management, LLC
A subsidiary of Natixis Investment Managers, L.P.,
Investment adviser registered with the U.S. Securities and Exchange Commission
18W140 Butterfield Road
Suite 1200
Oakbrook Terrace, IL 60181
www.mcdonnellinvestments.com

Natixis Investment Managers
RCS Paris 453 952 681
Share Capital: €178 251 690
43 avenue Pierre Mendès France
75013 Paris
www.im.natixis.com

This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.

NGAM News