Natixis Global Asset Management has launched the Loomis Sayles Strategic Income fund into the UK in its first push into the financial adviser market.
The new fund is run by US house Loomis Sayles and Natixis said it aimed to bring more of its funds - run by a range of third party managers - to the UK retail space.
The Loomis Sayles fund invests across corporate, convertible and government bonds in developed and emerging markets. The UK-based fund’s annual charge is 0.75 per cent and it has a £50,000 minimum initial investment, although a spokesperson for Natixis said the company was seeking to list the fund on platforms.
Natixis said it would also look to bring products from another French manager, H2O Asset Management, to the UK this year.
The move from Natixis comes after fellow French asset manager Carmignac Gestion launched a major assault on the UK market last year with the listing of nine funds in IMA sectors.