Natixis Investment Managers Launches WCM Global Emerging Markets Equity Fund Internationally
London, 25 November 2019 – Natixis Investment Managers today announced the launch of a Global Emerging Markets Equity Fund (the “Fund”) from US-based, affiliated manager*, WCM Investment Management (“WCM”).
The new Luxembourg-domiciled Fund uses an actively-managed, bottom-up, fundamental approach to construct a concentrated, low-turnover emerging markets portfolio. The Fund’s goal is to achieve long-term, risk-adjusted excess returns.
WCM seeks to identify companies with attractive fundamentals, such as high or rising return on invested capital or long-term historical growth in revenue and earnings. More importantly, WCM seeks companies with strengthening competitive advantages, supported by superior, strategically-aligned corporate cultures, and durable global tailwinds.
The Fund is managed by the WCM Emerging Markets PM team, comprised of Mike Trigg, Pete Hunkel, Sanjay Ayer, Mike Tian, and Greg Ise—all of whom serve as portfolio managers and business analysts for the Fund. This team is supported by a group of six global generalists and a dedicated business culture analyst.
The Fund is open to both institutional and retail investors.
Based in California with US$42.6 billion AUM**, WCM formed a global distribution partnership with Natixis Investment Managers in April 2019. The Fund is the first WCM strategy launched internationally on the Natixis platform and will provide clients with easy access to the West Coast investment manager.
“We are pleased to be able to offer clients access to a high conviction growth equity manager with a strong track record and a proven investment process,” says Matt Shafer, International Head of Wholesale Distribution at Natixis IM. “The Fund provides investors with a diversification tool from other equity markets, helping build portfolios to navigate different market conditions.”
“With Natixis Investment Managers’ centralized distribution capabilities,” explains Paul Black, WCM President & co-CEO, “we are well positioned to deliver our investment expertise to a much wider client base. Through our long-term, low-turnover approach to investing, we see a number of opportunities in the emerging markets universe. We believe that the emerging middle class will continue to grow their disposable income and, as they do, they will behave more like consumers in the developed world: demanding better health care, more advanced technology, and higher-quality consumer goods. In our view, the Fund is well-positioned to tap into these trends, tailwinds, and potential growth opportunities in developing economies.”
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, we apply Active ThinkingSM to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms1 with assets under management2 (€921 billion AUM).with more than $1 trillion assets under management2
Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers’ affiliated investment management firms and distribution and service groups include Active Index Advisors®;3 AEW; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;4 Dorval Asset Management;5 Gateway Investment Advisers; H2O Asset Management;5 Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Managed Portfolio Advisors®;3 McDonnell Investment Management; Mirova;6 Ossiam; Ostrum Asset Management; Seeyond;6 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Private Equity Division, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity;7 and Eagle Asia Partners. Not all offerings available in all jurisdictions. For additional information, please visit the company’s website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.
Natixis Distribution, L.P. is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Investment Managers.
About WCM Investment Management
WCM's primary goal is to generate long-term, sustainable, excess return for clients by nurturing a culture of innovation, by closely aligning employee incentives with client objectives, and by preserving a flat power structure that fosters meritocracy and debate.
We offer innovative, equity investment management services for a variety of clients, including corporations, individuals, public and private funds, Taft-Hartley plans, endowments, and foundations, through a variety of vehicles, including separate accounts, mutual funds, limited partnerships, and more. Original equity research provides the foundation for our goal of long-term excess return. WCM is motivated by a spirit of broad-based employee ownership, and is based in Laguna Beach, California.
RISKS: The fund invests primarily in shares of emerging market companies. Investments in equities may be subject to large price fluctuations. The Fund is subject to specific risks, including Emerging Markets risk, Portfolio Concentration risk, Derivatives/ Counterparty risk and Smaller Capitalisation risk.. An investor’s capital will be at risk; you may get back less than you invested. Please refer to the section entitled “Specific Risks” of the Prospectus for additional details on risks.
* Natixis Investment Managers holds a 24.9% stake in WCM and has entered into a long-term exclusive distribution agreement, subject to limited exclusions.
** As of 30 September 2019
1 Cerulli Quantitative Update: Global Markets 2017 ranked Natixis Investment Managers (formerly Natixis Global Asset Management) as the 15th largest asset manager in the world based on assets under management as of December 31, 2016.
2 Net asset value as of 30 Sept, 2019 is 921bn. Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.
3 A division of Natixis Advisors, L.P.
4 A brand of DNCA Finance.
5 A subsidiary of Ostrum Asset Management.
6 Operated in the US through Ostrum Asset Management U.S., LLC.
7 Caspian Private Equity is a joint venture between Natixis Investment Managers, L.P. and Caspian Management Holdings, LLC.
The new Luxembourg-domiciled Fund uses an actively-managed, bottom-up, fundamental approach to construct a concentrated, low-turnover emerging markets portfolio. The Fund’s goal is to achieve long-term, risk-adjusted excess returns.
WCM seeks to identify companies with attractive fundamentals, such as high or rising return on invested capital or long-term historical growth in revenue and earnings. More importantly, WCM seeks companies with strengthening competitive advantages, supported by superior, strategically-aligned corporate cultures, and durable global tailwinds.
The Fund is managed by the WCM Emerging Markets PM team, comprised of Mike Trigg, Pete Hunkel, Sanjay Ayer, Mike Tian, and Greg Ise—all of whom serve as portfolio managers and business analysts for the Fund. This team is supported by a group of six global generalists and a dedicated business culture analyst.
The Fund is open to both institutional and retail investors.
Based in California with US$42.6 billion AUM**, WCM formed a global distribution partnership with Natixis Investment Managers in April 2019. The Fund is the first WCM strategy launched internationally on the Natixis platform and will provide clients with easy access to the West Coast investment manager.
“We are pleased to be able to offer clients access to a high conviction growth equity manager with a strong track record and a proven investment process,” says Matt Shafer, International Head of Wholesale Distribution at Natixis IM. “The Fund provides investors with a diversification tool from other equity markets, helping build portfolios to navigate different market conditions.”
“With Natixis Investment Managers’ centralized distribution capabilities,” explains Paul Black, WCM President & co-CEO, “we are well positioned to deliver our investment expertise to a much wider client base. Through our long-term, low-turnover approach to investing, we see a number of opportunities in the emerging markets universe. We believe that the emerging middle class will continue to grow their disposable income and, as they do, they will behave more like consumers in the developed world: demanding better health care, more advanced technology, and higher-quality consumer goods. In our view, the Fund is well-positioned to tap into these trends, tailwinds, and potential growth opportunities in developing economies.”
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, we apply Active ThinkingSM to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms1 with assets under management2 (€921 billion AUM).with more than $1 trillion assets under management2
Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers’ affiliated investment management firms and distribution and service groups include Active Index Advisors®;3 AEW; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;4 Dorval Asset Management;5 Gateway Investment Advisers; H2O Asset Management;5 Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Managed Portfolio Advisors®;3 McDonnell Investment Management; Mirova;6 Ossiam; Ostrum Asset Management; Seeyond;6 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Private Equity Division, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity;7 and Eagle Asia Partners. Not all offerings available in all jurisdictions. For additional information, please visit the company’s website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.
Natixis Distribution, L.P. is a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Investment Managers.
About WCM Investment Management
WCM's primary goal is to generate long-term, sustainable, excess return for clients by nurturing a culture of innovation, by closely aligning employee incentives with client objectives, and by preserving a flat power structure that fosters meritocracy and debate.
We offer innovative, equity investment management services for a variety of clients, including corporations, individuals, public and private funds, Taft-Hartley plans, endowments, and foundations, through a variety of vehicles, including separate accounts, mutual funds, limited partnerships, and more. Original equity research provides the foundation for our goal of long-term excess return. WCM is motivated by a spirit of broad-based employee ownership, and is based in Laguna Beach, California.
* Natixis Investment Managers holds a 24.9% stake in WCM and has entered into a long-term exclusive distribution agreement, subject to limited exclusions.
** As of 30 September 2019
1 Cerulli Quantitative Update: Global Markets 2017 ranked Natixis Investment Managers (formerly Natixis Global Asset Management) as the 15th largest asset manager in the world based on assets under management as of December 31, 2016.
2 Net asset value as of 30 Sept, 2019 is 921bn. Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.
3 A division of Natixis Advisors, L.P.
4 A brand of DNCA Finance.
5 A subsidiary of Ostrum Asset Management.
6 Operated in the US through Ostrum Asset Management U.S., LLC.
7 Caspian Private Equity is a joint venture between Natixis Investment Managers, L.P. and Caspian Management Holdings, LLC.