Natixis Investment Managers will transfer ownership of McDonnell Investment Management to Loomis Sayles on 1 January 2019.
This integration will provide McDonnell clients with an enhanced offering backed by Loomis Sayles’ expansive investing, research and operational capabilities.
McDonnell municipal portfolio management team will remain intact and will continue to operate out of the Oakbrook Terrace, Illinois, office. The management of McDonnell’s core/taxable fixed income strategies will be transitioned later in 2019 to the Loomis Sayles Relative Return team.
To ensure continuity for McDonnell clients, Mark Giura will continue to lead the office and support existing client relationships, while managing the integration process with Loomis Sayles.
“We fully support the decision by Loomis Sayles and McDonnell Investment Management to join forces,” said Jean Raby, CEO of Natixis Investment Managers. “The combination of this pair of our investment affiliates further enhances our fixed income offering and unlocks natural synergies that will benefit the clients of both firms.”