[September 10, 2018] |
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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 $29.6 billion1
in institutional and retail assets for global clients.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180910005124/en/
Lynda Schweitzer is a vice president, portfolio manager and co-team leader of the global fixed income team at Loomis, Sayles & Company. (Photo: Business Wire)
"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 on the Loomis
Sayles Global Bond Fund 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 the Loomis Sayles
Global Bond Fund 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 the Loomis Sayles Global Bond and Global Allocation funds in
addition to a suite of products outside the US, and multiple emerging
market and global bond portfolios. 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 postgraduate 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, Lynda co-manages the Loomis Sayles
Global Bond Fund, in addition to a suite of products outside the US and
multiple global bond portfolios. She 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, Lynda 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, Lynda worked for State Street Bank and Trust Co.
as a fund accountant, responsible for custody and pricing of global
fixed income funds. She 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 Loomis, Sayles & Company. He co-manages the
Loomis Sayles Global Bond Fund. In addition, Scott co-manages global
bond and global credit accounts as well as a suite of products outside
the US. Scott joined Loomis Sayles in 1995 and was promoted to credit
analyst in 1999. Between 2001 and 2003, Scott worked in Paris for Loomis
Sayles' parent company, Natixis Investment Managers, covering European
credits across various industries and honing his international credit
analysis skills. He returned to the Loomis Sayles fixed income team in
2003 and became leader of the global credit sector team. In 2004, Scott
joined the global bond team. Previously, he held financial accounting
positions at both State Street Bank and PNC (News - Alert) Bank. Scott 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. ²Net
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.
Before investing, consider the fund's investment objectives, risks,
charges, and expenses. Please visit www.loomissayles. com or call
800-633-3330 for a prospectus and a summary prospectus, if available,
containing this and other information. Read it carefully.
Natixis Distribution, L.P. (fund distributor, member FINRA | SIPC) and
Loomis, Sayles & Company, L.P. are affiliated.
1 As of July 31, 2018.
2229466.1.1 MALR022378
View source version on businesswire.com: https://www.businesswire.com/news/home/20180910005124/en/
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