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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
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Tuesday, August 7, 2007 IXIS Funds Undergo Name Change Natixis Global Associates has rechristened its IXIS Advisor Funds, which encompasses 23 funds, Natixis Funds. The name change, which took effect on Monday, is aimed at more closely aligning the fund family to its global parent company, Natixis Global Asset Management. In addition, five individual funds have also adopted the Natixis name. In June, Natixis Global Asset Management announced that its distribution arm, then called IXIS Global Associates, will be renamed Natixis Global Associates. BOSTON--(BUSINESS WIRE)--Natixis Global Associates announced today that IXIS Advisor Funds, its family of 23 funds, will be renamed Natixis Funds. The move more closely aligns the fund family to its global parent company, Natixis Global Asset Management, and is part of an overall move to the Natixis name by what were formerly IXIS-branded entities. In June, Natixis Global Asset Management announced that its distribution arm, formerly IXIS Global Associates, would become Natixis Global Associates, which is composed of Natixis Distributors L.P. and Natixis Asset Management Advisors, L.P. “Our organization has long been recognized for its ability to offer investment diversification not just by asset class and investment discipline but also by investment manager and philosophy,” said John T. Hailer, president and CEO of Natixis Global Associates. “At Natixis Funds, we continue to offer access to the independent thinking of our affiliated managers, now with the added strength that comes with an $835 billion global organization.” Under the IXIS brand, the firm’s funds have earned an impressive record of success. The Barron’s/Lipper 2006 fund family survey placed IXIS #2 out of 67 fund families for one-year performance, #1 out of 62 for five-year performance, and #2 out of 50 for ten-year performance1. In addition, Financial Research Corporation (FRC) ranked the organization as the fastest growing fund complex in the U.S. in net mutual fund flows in 2006. FRC also ranked IXIS as the fastest growing fund complex in net flows for the 12-month period June 2006 – June 20072. In a related announcement, Natixis Distributors said that five individual funds have also adopted the Natixis name. The funds’ objectives, strategies, and investment management subadvisors remain the same: IXIS Income Diversified Portfolio -- Natixis Income Diversified Portfolio IXIS Moderate Diversified Portfolio -- Natixis Moderate Diversified Portfolio(3) IXIS U.S. Diversified Portfolio -- Natixis U.S. Diversified Portfolio IXIS Value Fund -- Natixis Value Fund IXIS Cash Management Trust - Money Market Series -- Natixis Cash Management Trust - Money Market Series The remaining funds in the Natixis Funds family continue to utilize the firm's focus on investment expertise by featuring the names of their underlying investment managers: Equity Funds: AEW Real Estate Fund CGM Advisor Targeted Equity Fund Hansberger International Fund Harris Associates Focused Value Fund Harris Associates Large Cap Value Fund Loomis Sayles Global Markets Fund Loomis Sayles Growth Fund Loomis Sayles Research Fund Loomis Sayles Value Fund Vaughan Nelson Small Cap Value Fund Westpeak 130/30 Growth Fund Fixed Income Funds: Loomis Sayles Core Plus Bond Fund Loomis Sayles High Income Fund Loomis Sayles Investment Grade Bond Fund Loomis Sayles Limited Term Government and Agency Fund Loomis Sayles Massachusetts Tax Free Income Fund Loomis Sayles Municipal Income Fund Loomis Sayles Strategic Income Fund About Natixis Global Associates Natixis Global Associates provides market-driven investment solutions to institutions, intermediaries, and individuals worldwide. Natixis Global Associates is part of Natixis Global Asset Management, an $835 billion4 investment organization. Other firms affiliated with the organization include Active Investment Advisors5; AEW Capital Management; Capital Growth Management; Caspian Capital Management; Hansberger Global Investors; Harris Alternatives; Harris Associates; Loomis, Sayles & Company; Managed Portfolio Advisors5; Portfolio Management Partners5; Reich & Tang Asset Management; Snyder Capital Management; Vaughan Nelson Investment Management; and Westpeak Global Advisors. Natixis Distributors, L.P. (member NASD) and Natixis Asset Management Advisors, L.P. are both located at 399 Boylston Street, Boston, MA 02116. www.ga.natixis.com Printed from: MFWire.com/story.asp?s=15309 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |