IXIS parlays FirstChoice mandate for Loomis Sayles
IXIS Asset Management Australia has secured a significant new mandate by ColonialFirstState for its FirstChoice platform.
IXIS announced this week that it had been awarded a $450 million global bond mandate, which would be managed by affiliate Loomis, Sayles and Company.
IXIS said the mandate would allow Loomis Sayles’ global bond expertise to be accessed by Australian retail investors through the multi-manager fixed interest option available through FirstChoice.
Through IXIS Australia, Loomis Sayles now manages more than $3.6 billion on behalf of Australian investors in fixed income and equity.
AUTHOR
Mike Taylor
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