Loomis Sayles Announces Changes to Global Fixed Income Team Leadership
Loomis, Sayles & Company, an affiliate of Natixis Investment Managers, announced today that Kenneth Buntrock, portfolio manager and co-team leader of the global fixed income team, will retire in March 2019 after 21 years with the company. In preparation for Ken’s retirement, longstanding portfolio managers Lynda Schweitzer and Scott Service will assume leadership roles effective immediately, joining David Rolley as co-team leaders. The team oversees approximately $29.61 billion in institutional and retail assets for global clients.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180909005021/en/
“We are grateful to Ken for more than 20 years of service and leadership at Loomis Sayles,” said Kevin Charleston, chief executive officer. “His dedication is reflected within the success and growth of the Loomis Sayles global bond capabilities over the past two decades, and we wish him the best in retirement.”
Until his retirement date, Ken will continue in his leadership and portfolio management roles to ensure a seamless transition and provide continuity for clients.
This transition is part of a comprehensive succession plan that was initiated in 2007, when Lynda was named portfolio manager following her six-year tenure as a global portfolio specialist and trader for the team. Similarly, Scott joined the team in 2004, became portfolio manager on a variety of global credit strategies in 2011 and was named portfolio manager on all remaining global bond products in 2014.
“We believe this is the ideal time to elevate Lynda and Scott in recognition of their tenure, experience and track records as portfolio managers,” said Jae Park, chief investment officer. “Lynda and Scott have been vital members of the global fixed income team working in close partnership with Ken and David for over 15 years, and their leadership will be integral to the success of our global bond capabilities moving forward.”
David Rolley will continue his portfolio management responsibilities with Lynda and Scott for the global fixed income portfolios, as well as the emerging market fixed income team portfolios. There will be no changes to the team’s style or investment philosophy. David, Lynda and Scott will continue to report to Jae Park, chief investment officer.
BIOGRAPHICAL INFORMATION: DAVID W. ROLLEY, CFA
David Rolley is a vice president, portfolio manager and co-team leader of the global fixed income team and emerging market debt group at Loomis, Sayles & Company. With 38 years of investment industry experience, David co-manages a suite of global bond, global credit and global allocation products. Prior to joining Loomis Sayles in 1994, he was a principal and director of international capital market research at DRI/McGraw-Hill. His responsibilities included international interest rate and currency forecasting, and risk management consulting. David was also corporate vice president and senior US economist for the institutional equity group at Drexel Burnham Lambert, and chief financial economist at Chase Econometrics. David earned a BA from Occidental College and studied post-graduate economics at the University of Pennsylvania. He is a past president of the Boston Association of Business Economists.
BIOGRAPHICAL INFORMATION: LYNDA SCHWEITZER, CFA
Lynda Schweitzer is a vice president portfolio manager and co-team leader of the global fixed income team at Loomis, Sayles & Company. With 32 years of investment industry experience, she co-manages a suite of global bond and global credit products. Lynda is also a member of the macro strategies, developed markets sovereign and global credit sector teams. Prior to joining Loomis Sayles in 2001 as a global portfolio specialist and trader, she worked at Putnam Investments as a global bond trader for both developed and emerging markets. In her tenure at Putnam, Lynda was also a global fixed income trading assistant and custody operations supervisor. Previously, she worked for State Street Bank and Trust Co. as a fund accountant, responsible for custody and pricing of global fixed income funds. Lynda earned a BA from the University of Rochester and an MBA from Boston University.
BIOGRAPHICAL INFORMATION: SCOTT M. SERVICE, CFA
Scott Service is a vice president, portfolio manager and co-team leader of the global fixed income team at of Loomis, Sayles & Company. He co-manages a suite of global bond and global credit products. Scott joined Loomis Sayles in 1995 and was promoted to credit analyst in 1999. Between 2001 and 2003, he worked in Paris for Loomis Sayles’ parent company, Natixis Investment Managers, covering European credits across various industries and honing his international credit analysis skills. Scott returned to the Loomis Sayles fixed income team in 2003 and became leader of the global credit sector team. In 2004, he joined the global fixed income team. Previously Scott he held financial accounting positions at both State Street Bank and PNC Bank. He earned a BS from Babson College and an MBA from Bentley College.
ABOUT LOOMIS SAYLES
Since 1926, Loomis, Sayles & Company has helped fulfill the investment needs of institutional and mutual fund clients worldwide. The firm’s performance-driven investors integrate deep proprietary research and integrated risk analysis to make informed, judicious decisions. Teams of portfolio managers, strategists, research analysts and traders collaborate to assess market sectors and identify investment opportunities wherever they may lie, within traditional asset classes or among a range of alternative investments. Loomis Sayles has the resources, foresight and the flexibility to look far and wide for value in broad and narrow markets in its commitment to deliver attractive sustainable returns for clients. This rich tradition has earned Loomis Sayles the trust and respect of clients worldwide, for whom it manages $264.4 billion** in assets (as of June 30, 2018).
Total strategy assets include all assets managed by the respective team.
**Includes the assets of Loomis, Sayles & Co., LP, and Loomis Sayles Trust Company, LLC. Loomis Sayles Trust Company is a wholly owned subsidiary of Loomis, Sayles & Company, LP.
ABOUT NATIXIS INVESTMENT MANAGERS
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, we apply Active Thinking℠ to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms¹ ($988.4 billion / €846.5 billion AUM²).
Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.
¹Cerulli Quantitative Update: Global Markets 2018 ranked Natixis
Investment Managers as the 16th largest asset manager in the world based
on assets under management as of December 31, 2017.
² Net asset value as of June 30, 2018. Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.
1 As of July 31, 2018.
Loomis, Sayles & Company
Orla O’Brien, +1 617-478-7480
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Valence Advises Golden Gate on Acquisition of Active Minerals19.11.2018 19:07 | Pressemelding
The Valence Group acted as financial advisor to Golden Gate Capital on its announced acquisition of Active Minerals International from Merit Capital Partners. Financial terms of the transaction were not disclosed. About Active Minerals International Active Minerals International LLC (AMI) is a worldwide leader in the production and marketing of kaolin and gel quality attapulgite clay minerals. Its products are sold throughout the world for industrial, agricultural and construction related applications. AMI is the world’s largest supplier of gel quality attapulgite (clay) and is the largest supplier of air-float kaolin to the glass manufacturing process. About Golden Gate Capital Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divest
Moody’s Analytics Earns #4 Spot in 2019 Chartis RiskTech100®19.11.2018 16:45 | Pressemelding
Moody’s Analytics, a global provider of financial intelligence, has been ranked #4 in the 2019 Chartis RiskTech100®, our best-ever finish. We also won awards in the Strategy category and in five solution categories: CECL, IFRS 9, Balance Sheet Risk Management, Credit Risk for the Banking Book, and Model Validation. This year, Moody’s Analytics earned a category award in one of the overall Chartis categories, Strategy, which considered our ability to execute, our vision and leadership, and our financial performance. Click here for more on our solution category wins. Now in its 13th year, the RiskTech100® evaluates technology companies that provide risk and compliance solutions to financial institutions. Moody’s Analytics has finished in the top five of these rankings for three straight years. “Moody’s Analytics continues to help its clients across the globe to satisfy their risk technology needs,” said Rob Stubbs, Head of Research at Chartis Research. “The breadth of its offerings is re
Moody’s Analytics Wins Five Solution Category Awards in 2019 Chartis RiskTech100®19.11.2018 16:45 | Pressemelding
Moody’s Analytics, a global provider of financial intelligence, has won five solution category awards in the 2019 Chartis RiskTech100®: CECL, IFRS 9, Balance Sheet Risk Management, Credit Risk for the Banking Book, and Model Validation. We also earned the #4 overall ranking – our highest-ever position and third straight top-five finish – and took the award in the Chartis Strategy category. Click here for more on our ranking and Chartis category win. “We’re honored by the recognition we received in this year’s RiskTech100®,” said Jacob Grotta, Managing Director-Head of Risk & Finance Analytics. “Winning five categories demonstrates that our solutions are empowering financial professionals across the lending, risk, and finance functions to make better, faster decisions.” We have now won the Credit Risk category for three straight years, reflecting both our deep credit experience and our continued investment and innovation in our wholesale and consumer credit assessment and origination so
Axonics® Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares19.11.2018 16:30 | Pressemelding
Axonics Modulation Technologies, Inc. (NASDAQ: AXNX) (“Axonics”), a medical technology company focused on the design, development and commercialization of innovative and minimally invasive sacral neuromodulation (“SNM”) solutions for the treatment of overactive bladder (“OAB”), fecal incontinence (“FI”), and urinary retention (“UR”), today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 1,200,000 shares of common stock from Axonics at the initial public offering price of $15.00 per share, less underwriting discounts and commissions. With this exercise, the total number of shares of common stock sold by Axonics in the offering increased to 9,200,000 shares, representing total gross proceeds of $138 million, before underwriting discounts and commissions and offering expenses. Axonics’ common stock began trading on The Nasdaq Global Select Market under the ticker symbol “AXNX” on October 31, 2018. BofA Merrill Lynch a
Jefferies Appoints Fred Jallot Head of Fixed Income in Europe19.11.2018 14:52 | Pressemelding
Jefferies today announced the appointment of Fred Jallot as Head of Fixed Income, Europe. He will be based in the firm’s London office starting January 2, 2019 and will report to Fred Orlan, Global Head of Fixed Income at Jefferies. Tim Cronin, who has also served as Head of Fixed Income, Europe, will relinquish this role and continue to serve as President of Jefferies International Limited, Jefferies’ London-based subsidiary. “We are very excited to have Fred Jallot join Jefferies’ leading global fixed income platform,” commented Mr. Orlan. “As a broadly experienced professional in global fixed income, his relationships and leadership will further enhance Jefferies’ growth in this market. This senior hire is an example of Jefferies’ emphasis on enhancing our firm’s European capabilities to serve our regional and global client base,” he added. Mr. Jallot was most recently Global Head of Credit and Asset-Backed Securities in Europe, the Middle East and Africa at Nomura, and previously s
From Niche to Normal – Cannabis Use Becoming More Accepted in the United States19.11.2018 14:47 | Pressemelding
Growing numbers of consumers support the legalization of cannabis in some form and a majority believes it has a positive impact on the economy, according to the newly released 2018 Fall Cannabis Culture Poll, developed jointly by leading global communications agency BCW (Burson Cohn & Wolfe), PSB Research and Civilized, a premium media and lifestyle brand that embraces and highlights modern cannabis culture. A full 83 percent of the poll’s respondents (U.S. adults, cannabis consumers and non-consumers) say they support some form of legalization of cannabis. Sixty-three percent of non-consumers, and 95 percent of cannabis consumers, say legalization has had a positive economic effect on the states where use has been made legal. PSB Research, in partnership with BCW and Civilized, conducted online interviews between September 26 and October 4, 2018 with 1,200 U.S. adults aged 21 and older to explore views on cannabis and its usage and to determine general habits and behaviors of those wh