MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 19, 2009 A Boston Fund Firm Bucks the Downsizing Trend Natixis appears to be on a path of continued work force expansion. The investment management firm has seen a 16 percent growth in the number of Boston employees over the past three years, from 967 in 2006 to 1,118 in 2009, according to Natixis spokesperson Faith Yando. The numbers cover the holding company, Natixis Global Asset Management, the distribution arm Natixis Global Associates and affiliates Loomis, Sayles & Co., AEW Capital Management and Alpha Simplex Group. AUM at Natixis Global Associates ballooned from $65.1 billion in 2006 to $69.6 billion at the end of May this year, Yando said. From January to May, gross sales reached $13 billion, up from $12.2 billion in the same period last year. Yando attributed the asset growth to the firm's broad product lineup. Printed from: MFWire.com/story.asp?s=21852 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |