Loomis Sayles mortgage & structured finance team broadens capabilities to include european abs
August 23, 2024
- The Loomis Sayles Mortgage & Structured Finance team, which oversees $42 billion in assets as of 30 June 2024, has expanded its capabilities to include European ABS solutions through the addition of Paris-based portfolio managers Sébastien Andre and Alexandre Boulinguez.
- Sébastien and Alexandre join Loomis Sayles from Ostrum Asset Management. Both firms are affiliates of Natixis Investment Managers, enabling a smooth transition and continued alignment for the benefit of clients in the European marketplace.
Loomis, Sayles & Company, the global investment manager with $359.7 billion in assets under management as of 30 June 2024, announced the expansion of its Mortgage & Structured Finance investment team to include European ABS investment capabilities led by portfolio managers Sébastien Andre and Alexandre Boulinguez. Sébastien and Alexandre have joined the French Branch of Loomis Sayles (Netherlands) B.V, a Loomis Sayles subsidiary, and hail from Ostrum Asset Management (Ostrum). Both Loomis Sayles and Ostrum are affiliates of Natixis Investment Managers.
Led by Alessandro Pagani, the firm’s Mortgage & Structured Finance team oversees $42 billion in securitized assets and is responsible for directly managing client assets as well as providing securitized sector research and trading for the broader firm. The team has been investing in consumer and commercial asset-backed securities, residential and commercial mortgage-backed securities, collateralized loan obligations, and agency mortgage-backed securities as part of a broad swath of Loomis Sayles fixed income products and in dedicated securitized strategies since 2006.
Sébastien and Alexandre, who report to Alessandro, will continue to manage two European ABS strategies with combined assets of €215 million (as of 30 June 2024) which have transferred to Loomis Sayles as part of this transition.
“This integration represents an exciting opportunity to build on the existing strength of our Mortgage & Structured Finance team to offer a competitive non-US securitized solution that can meet growing demand from European investors,” said David Waldman, chief investment officer, Loomis Sayles.
“Sebastien and Alex’s experience and existing strategies complement our team well,” said Alessandro. “We believe that combining their talents with access to Loomis Sayles’ deep investment research, industry-leading infrastructure and trading resources has the potential to deliver excellent value to investors.”
About Sébastien Andre and Alexandre Boulinguez
Sébastien Andre and Alexandre Boulinguez join Loomis Sayles from Ostrum, where they were structured credit investment fund managers responsible for European ABS, CLOs and covered bond investments. Prior to Ostrum, Sébastien was an ABS fund manager and analyst at Natixis Investment Managers. Previously, he was an ABS quantitative and surveillance analyst at IXIS Asset Management responsible for credit analysis of European ABS & CLO investments. Before that, Sébastien was a credit risk manager at CDC IXIS Asset Management Advisors. He began his career as a business analyst at Carat France. Sébastien earned a master’s degree in applied mathematics for social sciences and a master’s degree in finance engineering and statistics from Paris Dauphine University. Prior to Ostrum, Alexandre was a distressed asset manager and trader at Crédit Agricole Corporate and Investment Bank responsible for managing ABS, CDO and CLO portfolios. Prior to that, he was a front office assistant at IXIS Asset Management. Alexandre earned an undergraduate degree in economics and finance from the University of Lille, a master’s degree in management from Toulouse Business School, a master’s degree in research in currency theory, banking and finance from Paris 1 Panthéon-Sorbonne University and a specialized master’s degree in finance from ESCP Business School.