Loomis Sayles Announces Enhancements to Emerging Markets Debt Investment Capabilities

BOSTON--()--Loomis, Sayles & Company announced today it has added resources to bolster its emerging market debt investment capabilities.

“We believe emerging markets can offer superior growth opportunities compared to many developed markets because in general, they are younger, more populous nations which have benefited from strong economic tailwinds over the last decade thanks to lower labor costs and strong demand for commodities”

Peter Frick has been named dedicated EMD portfolio manager alongside co-managers Edgardo Sternberg and Dave Rolley. Peter possesses over 25 years of experience in the global fixed income marketplace, most recently serving as product manager covering EMD and global bonds. Elisabeth Colleran joins the EMD product team full time as an EM credit strategist. Previously, she acted as a senior analyst on the credit research team.

Loomis Sayles also added professionals specializing in emerging markets to its credit research, trading, and product management teams. These individuals serve as a resource for all Loomis Sayles product teams investing in emerging markets. Enhancements include:

  • Matt Welch moves from technology credit research to focus solely on EM credit research
  • Li Ping Yeo hired in the company's Singapore office as a senior credit analyst responsible for covering Asian credits
  • Lynn Parker acts as EM markets strategist and EM trader on full time basis
  • Hank Lynch hired to replace Peter Frick as a global bond and EMD product manager

"We believe emerging markets can offer superior growth opportunities compared to many developed markets because in general, they are younger, more populous nations which have benefited from strong economic tailwinds over the last decade thanks to lower labor costs and strong demand for commodities," said Edgardo Sternberg, co-portfolio manager on the EMD team.

Loomis Sayles experience with EMD investing dates back to the early 1990s. The firm first offered clients' exposure to EMD through broader global bond mandates and later launched a suite of stand-alone EMD offerings. Currently, EMD assets across the firm are approximately $12 billion, (as of 9/30/2012).

"Emerging markets are not a niche. They represent approximately 38% of world GDP today1 and our global economic forecast is for continued EMD growth," said Jae Park, chief investment officer of Loomis Sayles. "Successfully managing emerging market assets requires combining a dedicated emerging market product team with a deep sovereign, credit, macro, and quantitative research infrastructure. Our EMD product team is integrated within our broader Global Bond team and knows how to successfully collaborate with subject matter experts across the firm. This enables our EMD product team to identify what they believe are attractive opportunities for our clients and incorporate systematic risk elements into the portfolio construction process."

About Loomis Sayles

Since 1926, Loomis, Sayles & Company, L.P. has served the investment needs of institutional and mutual fund clients. As performance-driven investors seeking exceptional opportunities, Loomis Sayles employs actively managed disciplines that combine fundamental research, systematic risk assessment and experienced portfolio management. This rich tradition has earned Loomis Sayles the trust and respect of clients worldwide, for whom it manages more than $181 billion in assets as of September 30, 2012.

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1 Source: International Monetary Fund, October 2012

Contacts

Loomis, Sayles & Company
Erin Heard, 617-960-2029
eheard@loomissayles.com

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