Fixed-income rates seem to be languishing in low single-digit ranges so fund managers are drumming up ideas to keep investors confident in the sector.
Loomis, Sayles & Co., based in Boston, is the latest to do so. The company, which manages funds for institutional and mutual fund clients, launched the Loomis Sayles Absolute Strategies fund (LSYX). The fund takes a global absolute return-oriented fixed-income strategy. It is designed to be an all-weather product for investors looking for consistent returns through all market conditions, the company announced last Wednesday.
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