Natixis Global Asset Management has expanded its UK retail team with multiple hires, as the Parisian firm continues its push into the UK market with a fourth onshore fund launch.
The asset manager is scheduled to launch the Harris Associates Global Concentrated Equity fund in Q3 this year, adding to onshore offerings the Loomis Sayles Strategic Income Fund, the Loomis Sayles US Equity Leaders Fund, the H2O MultiReturns Fund.
Scott MacLean has joined the sales team from Castle Trust and, before that worked at Standard Life for a decade. MacLean will work on the major advisory accounts in Scotland, the East Midlands, East Anglia and South East regions.
Meanwhile, Gerry Burke and Mike Schnackenberg, who have been with NGAM for more than five years, have moved from the US to join the UK sales team.
Harriet Chatfield has also joined from GAM as additional sales support and all four will report to head of UK retail sales, Darren Pilbeam.
'With a growing onshore fund range featuring some of the most successful strategies from across our global multi-affiliate lineup accessible across a range of UK distribution platforms, we have been building strong momentum behind our expansion into the UK retail market,' Chris Jackson, head of UK retail and EVP of international product said.
As of March 31, Natixis Global Asset Management had assets under management of €652.9 billion (£531.2 billion), across equity, fixed-income and alternative investment funds.