Initiatives at IXIS Asset Management Advisors of Boston will not be slowing down this summer. The firm, a manager of managers with 15 affiliates in its stable, will be cutting several of its mutual funds' management fees, putting its B Share classes into permanent storage and polishing up a new brand name. But it will keep its tag line: The Name Behind the Names.
IXIS distributes 38 mutual funds, 22 of which are under the IXIS Advisor Funds banner and many managed by affiliated firms, including Loomis Sayles, AEW Capital Management, Harris Associates, Reich & Tang and Hansberger Global Investors, the majority of which IXIS acquired last November after owning a minority stake since 2003. It has also become a strong separate account and wrap manager trading on the success of its independent boutique affiliates.