Wiltshire Pension Fund has selected Loomis, Sayles & Company to manage a £200m diversified fixed-income mandate, representing approximately 10% of the the scheme's total assets. 

“This appointment reflects our continued commitment to bringing investors high quality fixed income solutions which seek to produce strong returns, whilst managing volatility. We look forward to a successful partnership with the Wiltshire Pension Fund,” said Jeff Seaver, managing director of Loomis Sayles Investments. 

The mandate will be allocated evenly between two strategies: Loomis Sayles Strategic Alpha and Loomis Sayles World Credit Asset.

The objective of the pension fund’s credit portfolio is return generation and to diversify returns away from equities, whilst these strategies were selected to additionally seek stability against possible interest rate rises, and the potential for low or negative returns from UK bonds.

The Strategic Alpha strategy is managed by Matthew Eagan, Kevin Kearns and Todd Vandam, and the World Credit Asset strategy is managed by Tom Fahey and Kevin Kearns.