Loomis Sayles targets EMEA market with new Dutch AIFM licensed subsidiary

Loomis, Sayles & Company, the global investment manager with €286bn in assets under management as of 30 September 2023 has launched Loomis Sayles (Netherlands) B.V. in Utrecht, The Netherlands, to further expand the firm's global footprint.

The formal launch of Loomis Sayles (Netherlands) B.V. follows on the recent approval by Dutch financial regulator Autoriteit Financiële Markten (AFM) of the office's Alternative Investment Fund Manager (AIFM) license with MiFID top up permissions.

The AIFM license would broadens its capability to offer investment solutions within the EMEA market, helping to meet the distinct needs of clients and the consultant community in the region, Loomis Sayles said in the statement on 1 November. 

"Supporting the needs of clients and investment consultants across EMEA is a strategic priority for Loomis Sayles," said Kevin Charleston, chief executive officer of Loomis Sayles. "We are thrilled that with the approval of our AIFM license we are able to proactively offer clients investment solutions from our Euro Credit team as well as other Loomis Sayles strategies from a European Union regulated entity."

The Loomis Sayles Euro Credit team anchors the Netherlands office. The team is co-led by portfolio managers Rik den Hartog and Pim van Mourik Broekman, and includes five additional portfolio managers as well as two product management professionals.

Backed by Loomis Sayles' leading data infrastructure, the Euro Credit team seeks to produce consistent excess return potential versus the benchmark using an active, conservative alpha investment process that aims to capitalize on inefficiencies in the euro-dominated credit market.

As of 30 September 2023, the team manages €1.50bn in assets across the following three strategies that are of significant interest to the firm's European clients:

- Loomis Sayles Sustainable Euro Investment Grade Credit

- Loomis Sayles Euro Investment Grade Credit

- Loomis Sayles Euro High Yield Credit

In 2012, Boston-based Loomis Sayles established its presence in the United Kingdom and Asia with the opening of offices in both London and Singapore. The new Utrecht office furthers our commitment to clients outside the United States.