Dan Fuss Wins Outstanding Portfolio Manager at the 2019 U.S. Morningstar Awards for Investing Excellence
- Fixed income pioneer recognized for long-term track record
-
Fuss cited for advancing the next generation of fixed income investors
at Loomis Sayles
CHICAGO–(BUSINESS WIRE)–Loomis, Sayles & Company, an affiliate of Natixis Investment Managers,
is pleased to announce that Dan Fuss has been named Outstanding
Portfolio Manager at the 2019 U.S. Morningstar Awards for Investing
Excellence.
Morningstar has granted annual awards to accomplished portfolio managers
since 1988. The awards recognize portfolio managers, asset management
firms, and up-and-coming managers who demonstrate excellent investment
skill, the courage to differ from the consensus to benefit investors,
and an alignment of interests with the strategies’ investors. The
Morningstar Awards for Investing Excellence winners are chosen based on
research and in-depth qualitative evaluation by Morningstar’s manager
research group. Methodology for the awards is available
here.
“Dan Fuss pioneered the benchmark-agnostic, multisector approach to
fixed-income that has defined the firm’s flagship Loomis Sayles Bond
(LSBDX) since 1991. During his tenure at Loomis Sayles, he’s
demonstrated a value-driven, often contrarian, and aggressive strategy
that’s contributed to an impressive long-term record for the fund and
its siblings,” said Alfonzo Bruno, Manager Research Analyst at
Morningstar. “Fuss also deserves credit for working with firm CIO Jae
Park to codify the firm’s fixed-income investment process and to develop
the next generation of bond investors at Loomis Sayles.”
“We are honored that Morningstar has selected Dan as this year’s
Outstanding Portfolio Manager. He’s a true investment icon, but an even
better individual,” said Kevin Charleston, chief executive officer of
Loomis Sayles. “Since joining Loomis Sayles over 40 years ago, Dan’s
intellectual curiosity, investment excellence, humility and unparalleled
commitment to clients have shaped the ethos of our organization. As the
maverick of multisector investing, he has built an impressive team with
a suite of products all managed with a consistent investment philosophy
and a flexible, long-term, benchmark-agnostic, value-driven approach.”
Dan Fuss has 61 years of experience in the investment industry and has
been with Loomis, Sayles & Company since 1976. He is vice chairman of
the firm’s Board of Directors and co-manages the firm’s flagship Loomis
Sayles Bond Fund—which won the 2009 Morningstar Fund Manager of the Year
award in the fixed-income category—in addition to the Loomis Sayles
Investment Grade Fixed Income, Strategic Income, Fixed Income,
Institutional High Income and Global Allocation funds. In 2012, Dan
received both the Institutional Investor Money Management Lifetime
Achievement Award, and the Lipper Excellence in Investing Award. In
2013, Dan received the CFA Society of Milwaukee Lifetime Achievement
Award. In 2000, he was named to the Fixed Income Analysts Society’s Hall
of Fame in recognition of his contributions and lifetime achievements
toward the advancement of the analysis of fixed income securities and
portfolios. He has twice been president of CFA Society Boston. Dan
earned a BS and an MBA from Marquette University. He served in the US
Navy from 1955 to 1958 and held the rank of Lieutenant.
ABOUT LOOMIS SAYLES
Since 1926, Loomis, Sayles & Company has
helped fulfill the investment needs of institutional and mutual fund
clients worldwide. The firm’s performance-driven investors integrate
deep proprietary research and integrated risk analysis to make informed,
judicious decisions. Teams of portfolio managers, strategists, research
analysts and traders collaborate to assess market sectors and identify
investment opportunities wherever they may lie, within traditional asset
classes or among a range of alternative investments. Loomis Sayles has
the resources, foresight and the flexibility to look far and wide for
value in broad and narrow markets in its commitment to deliver
attractive sustainable returns for clients. This rich tradition has
earned Loomis Sayles the trust and respect of clients worldwide, for
whom it manages $263.5 billion** in assets (as of March 31, 2019).
*Total strategy assets include all assets managed by the respective
team.
**Includes the assets of Loomis, Sayles & Co., LP, and
Loomis Sayles Trust Company, LLC. Loomis Sayles Trust Company is a
wholly owned subsidiary of Loomis, Sayles & Company, LP.
ABOUT NATIXIS INVESTMENT MANAGERS
Natixis Investment
Managers serves financial professionals with more insightful ways to
construct portfolios. Powered by the expertise of more than 20
specialized investment managers globally, we apply Active Thinking®
to deliver proactive solutions that help clients pursue better outcomes
in all markets. Natixis ranks among the world’s largest asset management
firms1 ($917.1 billion/€802.1 billion AUM2).
Natixis Investment Managers includes all of the investment management
and distribution entities affiliated with Natixis Distribution, L.P. and
Natixis Investment Managers S.A. Not all offerings available in all
jurisdictions.
1Cerulli Quantitative Update: Global Markets 2018
ranked Natixis Investment Managers as the 16th largest asset manager in
the world based on assets under management as of December 31, 2017.
2 Net asset value as of December 31, 2018. Assets
under management (“AUM”), as reported, may include notional assets,
assets serviced, gross assets and other types of non-regulatory AUM. AUM
does not include Vega Investment Managers, which was transferred to
Natixis Wealth Management in December 2018.
Before investing, consider the fund’s investment objectives, risks,
charges, and expenses. Please visit loomissayles.com or call (800)
225-5478 for a prospectus and a summary prospectus, if available,
containing this and other information. Read it carefully.
Natixis Distribution, L.P. (fund distributor, member FINRA | SIPC)
and Loomis, Sayles & Company L.P. are affiliated.
ABOUT THE OUTSTANDING PORTFOLIO MANAGER AWARD
Each year,
Morningstar recognizes an Outstanding Portfolio Manager, an individual
who has produced exceptional returns over the long term. Morningstar’s
manager research analysts conduct in-depth qualitative analyses in order
to select nominees and, subsequently, vote to determine the award
winner. To qualify for the award, the manager’s strategy must currently
earn a Morningstar® Analyst Rating
managed portfolio that distinguishes itself across the pillars—such as
people, process, parent, performance, and price—and has garnered the
analysts’ highest level of conviction; or Silver, which is an offering
with advantages that outweigh the disadvantages across the pillars and
with sufficient level of analyst conviction to warrant a positive rating.
To be eligible for the Outstanding Portfolio Manager award, managers
must run investment strategies that are under Morningstar manager
research analyst coverage, which includes approximately 1,800 open-end
mutual funds, exchange-traded funds, separately managed accounts, or
collective investment trusts, and have received a Morningstar Analyst
Rating
award have delivered strong returns for investors over their careers.
Morningstar’s Manager Research Group consists of various wholly owned
subsidiaries of Morningstar, Inc. including, but not limited to,
Morningstar Research Services LLC. Analyst Ratings are subjective in
nature and should not be used as the sole basis for investment
decisions. Analyst Ratings are based on Morningstar’s Manager Research
Group’s current expectations about future events and therefore involve
unknown risks and uncertainties that may cause such expectations not to
occur or to differ significantly from what was expected. Analyst Ratings
are not guarantees nor should they be viewed as an assessment of a
fund’s or a fund’s or separately managed account’s underlying
securities’ creditworthiness. This press release is for informational
purposes only; references to securities or a separately managed account
investment strategy in this press release should not be considered an
offer or solicitation by Morningstar to buy or sell those funds.
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Contacts
Orla O’Brien
+1(617)478-7480
oobrien@loomissayles.com