Natixis unveils first onshore fund for UK retail market

Natixis Global Asset Management has launched its first offering under a newly set up OEIC umbrella, the Loomis Sayles Strategic Income fund, as part of the group's plans to make more funds available to the UK retail market.

As reported by Investment Week last year, investors will be able to access the group's funds in an onshore format for the first time following demand for this type of product. Natixis, which has 23 affiliates asset management groups with AUM of £454bn, plans to add other sub-funds to the OEIC including an offering from H2O, a global macro manager. The Loomis Sayles Strategic Income fund managers Dan Fuss, Elaine Stokes and Matt Eagan invest across the fixed income spectrum, looking to generate a higher income. Fuss said: "In an environment like this, investing in a fund that has th...