Natixis Global Associates (NGA), the distribution arm of Natixis Global Asset Management, has expanded its lineup of new investment solutions by launching a new mutual fund Westpeak ActiveBeta Equity Fund (WABAX) in conjunction with Westpeak Global Advisors.
The new fund will be managed by Khalid Ghayur, Stephen Platt and Stephen Komon of Westpeak. The WABAX will seek to outperform the S&P 500 Index by employing a quantitative value and momentum strategy that uses Westpeak’s proprietary portfolio construction process.
Mr Ghayur said: “Our research shows that broadly diversified portfolios of stocks with value and momentum characteristics can generate long-term outperformance while also reducing the magnitude of potential short-term underperformance relative to the benchmark. Our fund advances the active versus passive investing debate by providing a transparent and cost-effective ‘beta’ capture of well-documented sources of market outperformance in a ’40 Act fund.”
John Hailer, president and CEO of Natixis Global Asset Management, US and Asia, and head of NGA US and international distribution, said: “In a time of volatile markets and widespread uncertainty, investors need access to new types of investments, such as the Westpeak ActiveBeta Equity Fund, to help achieve better overall performance results in a risk-controlled way.”