Latest news with #NatixisInvestmentManagers
Mint
3 days ago
- Business
- Mint
US dollar advances against major currencies amid Middle East conflict, all you need to know
The US dollar has shown trends of steady increase against major currencies like the Euro and Yen, at a time when the conflict in the Middle East is rising. As Israel launched an attack against Iran, with a retaliatory attack expected, the US dollar stayed strong, gaining 0.3% to 143.88 against the Japanese yen and 0.1% to 0.8110 franc against the Swiss currency, according to a Reuters report. Israel and Iran are currently stuck in a major geopolitical conflict, with the United States already starting to move its military resources towards the Middle East. Israel launched a barrage of strikes across Iran on Friday, attacking nuclear facilities and missile factories, which made things even worse between the countries. A retaliatory attack is expected from Iran, as per reports. "Historically speaking, with these kinds of geopolitical events, you get the knee-jerk reaction from the market ... History tells us to kind of look past a lot of this stuff," Jack Janasiewicz, portfolio manager, at Natixis Investment Managers was quoted as telling Reuters. 'There are a couple of things worth highlighting. How long does this operation go for? The longer this goes, obviously the worse it gets for confidence, and that eventually will start to weigh on the market,' Jack continued. "This (Israel-Iran conflict) just landed on us, but the main concern remains tariffs and obstacles to global trade," Juan Perez, director of trading at Monex USA told. 'When you actually have a physical situation and potential for armed conflict to be prolonged and to escalate, the U.S. dollar and gold jump into safe-haven assets. It's a bit of a psychological reaction,' Perez continued, according to Reuters. Perez also said that it is difficult to fix every single item that is being faced this year, crushing the US market's ability to believe in the US dollar.
Time of India
21-05-2025
- Business
- Time of India
Wall Street stocks slip, rising US Treasury yields in focus
U.S. stocks experienced a downturn on Tuesday, halting the S&P 500's six-day winning streak due to rising Treasury yields and concerns over U.S. sovereign debt. US stocks declined on Tuesday, ending a six-day winning streak. Rising Treasury yields and concerns about US debt impacted the market. Donald Trump's tax-cut plan added to debt worries. The Dow, S&P 500, and Nasdaq all experienced losses. Energy, communication services, and consumer discretionary sectors led the decline. Investors are also watching Federal Reserve officials' comments on monetary policy. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads U.S. stocks fell on Tuesday, with the benchmark S&P 500 ending six straight sessions of gains, under pressure from rising Treasury yields, with the U.S. sovereign debt profile in Donald Trump traveled to Capitol Hill, seeking to persuade Republican lawmakers to pass a sweeping tax-cut bill, which analysts estimate will possibly add $3 trillion-$5 trillion to the federal government's $36.2 trillion in Dow snapped three consecutive sessions of gains and the Nasdaq fell after a two-session winning out of 11 of the S&P 500's sectors fell, led by losses in energy, communication services, consumer discretionary stocks. Utilities, healthcare and consumer staples equities made gains."It's a little bit of an excuse just after the run that we've had to hit the pause button and see markets consolidate a little bit and a little bit of churn under the surface ... that's what we're seeing right now," said Garrett Melson, portfolio strategist at Natixis Investment Managers in Boston."But obviously when you look across to the fixed-income world, you're seeing a huge bid that came back into the market yesterday. ... now we're back to the races with yields pushing higher."The Dow Jones Industrial Average fell 114.83 points, or 0.27%, to 42,677.24, the S&P 500 lost 23.14 points, or 0.39%, to 5,940.46 and the Nasdaq Composite lost 72.75 points, or 0.38%, to 19, were also eyeing commentary on the monetary policy outlook from several Federal Reserve officials, including St. Louis Fed President Alberto and the other big ratings agencies Fitch and S&P Global Ratings have downgraded the U.S. sovereign credit, citing the government's debt currently expect at least two 25-basis-point Fed rate cuts by the end of 2025, with the first expected in September, according to data compiled by LSEG. The yield on benchmark U.S. 10-year notes rose 0.4 basis points to 4.481%.Home Depot fell 0.6%, reversing early gains, after the home improvement retailer reported first-quarter sales that beat Wall Street rose 0.5% after Chief Executive Elon Musk said at an economic forum in Qatar that he was still committed to being CEO in five technology heavyweight stocks fell, including Nvidia . The chipmaker is scheduled to report quarterly earnings on May issues outnumbered advancers by a 1.37-to-1 ratio on the NYSE. There were 219 new highs and 33 new lows on the S&P 500 posted 19 new 52-week highs and no new lows while the Nasdaq Composite recorded 59 new highs and 46 new on U.S. exchanges was 16.14 billion shares, compared with the 17.38 billion average for the full session over the last 20 trading days.
Associated Press
14-03-2025
- Business
- Associated Press
Natixis Investment Managers Funds Earn 2025 US LSEG Lipper Fund Awards
Natixis Investment Managers today announced that funds managed by several of its affiliate investment management firms – Loomis, Sayles & Company; Harris | Oakmark; and Natixis Advisors – earned 2025 LSEG Lipper Fund Awards for the US. The funds were recognized for achieving consistently strong risk-adjusted performance relative to their peers for the period ending November 30, 2024. LSEG announced award and certificate recipients on March 13, 2025, which included the following from the Natixis Investment Managers mutual fund family: Loomis Sayles Growth, N Class [ LGRNX ] – Ranked best Large-Cap Growth Fund for the three-year period (166 eligible US funds, 587 share classes). Loomis Sayles Limited Term Government and Agency Fund, Y Class [ NELYX ] – Ranked best Short-Intermediate U.S. Government Fund for the five-year period (10 eligible US funds, 23 share classes) and the 10-year period (10 eligible US funds, 22 share classes). Oakmark International Small Cap, Institutional Class [ OANEX ] – Ranked best International Small/Mid-Cap Core Fund for the five-year period (13 eligible US funds, 39 share classes). Natixis U.S. Equity Opportunities Fund, Y Class [ NESYX ] – Ranked best Multi-Cap Core Fund for the 10-year period (146 eligible US funds, 356 share classes). 'Congratulations to the portfolio management teams at Loomis Sayles and Harris | Oakmark for earning LSEG Lipper Fund Awards,' said David Giunta, CEO of Natixis Investment Managers in the US. 'This recognition is a testament to the acumen of our portfolio management teams and reflects our commitment to offering diverse, high-quality investment strategies that meet our clients' evolving needs.' About LSEG Lipper Fund Awards The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, their accuracy is not guaranteed by LSEG Lipper. From LSEG Lipper Fund Awards © 2025 LSEG. All rights reserved. Used under license. The Lipper Fund Awards Methodology The merit of the winners is based on objective, quantitative criteria. The influential and prestigious LSEG Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return. Individual classifications of three, five, and 10-year periods, as well as fund families with high average scores for the three-year period, are also recognized. The awards are based on LSEG Lipper's proven proprietary methodology, which can be viewed here. About Natixis Investment Managers Natixis Investment Managers' multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 15 active managers. Ranked among the world's largest asset managers 1 with more than $1.3 trillion assets under management 2 (€1.3 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Natixis Investment Managers' multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 15 active managers. Ranked among the world's largest asset managers 1 with more than $1.3 trillion assets under management 2 (€1.3 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Headquartered in Paris and Boston, Natixis Investment Managers is part of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks. Natixis Investment Managers' affiliated investment management firms include AEW; DNCA Investments; 3 Dorval Asset Management; Flexstone Partners; Gateway Investment Advisers; Harris | Oakmark; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; Naxicap Partners; Ossiam; Ostrum Asset Management; Seventure Partners; Thematics Asset Management; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; Vega Investment Solutions and WCM Investment Management. Additionally, investment solutions are offered through Natixis Investment Managers Solutions and Natixis Advisors, LLC. Not all offerings are available in all jurisdictions. For additional information, please visit Natixis Investment Managers' website at | LinkedIn: Natixis Investment Managers' distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various US registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia. Before investing, consider the fund's investment objectives, risks, charges, and expenses. Visit or call 800-225-5478 for a prospectus or a summary prospectus containing this and other information. Read it carefully. All investing involves risk, including the risk of loss. Investment risk exists with equity, fixed income, and alternative investments. There is no assurance that any investment will meet its performance objectives or that losses will be avoided. Natixis Distribution, LLC is a marketing agent for the Oakmark Funds, a limited purpose broker-dealer and the distributor of various registered investment companies for which advisory services are provided by affiliates of Natixis Investment Managers. Member FINRA l SIPC 1 Survey respondents ranked by Investment & Pensions Europe/Top 500 Asset Managers 2024 ranked Natixis Investment Managers as the 19th largest asset manager in the world based on assets under management as of December 31, 2023. 2 Assets under management (AUM) of affiliated entities measured as of December 31, 2024, are $1,363.7 billion (€1,316.9 billion). AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of nonregulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers. 3 A brand of DNCA Finance. NIM-03052025-3ojijrfb CONTACT: Press Contact: Natixis Investment Managers Crystal Sullivan SOURCE: Natixis Investment Managers Copyright Business Wire 2025. PUB: 03/14/2025 09:30 AM/DISC: 03/14/2025 09:31 AM
Reuters
13-03-2025
- Business
- Reuters
Generali CEO says insurer could buy more Italian govt bonds
MILAN, March 13 (Reuters) - Generali ( opens new tab is considering increasing its purchases of Italian government bonds, its CEO said on Thursday, as the government reviews a landmark asset management deal which has raised concerns in Rome. Generali held 35.6 billion euros in Italian government bonds at the end of 2024, assets which it uses to offset liabilities in its life insurance business. here. "Market developments on one side and significant growth in the life portfolio, with positive net inflows, on the other, make it natural to consider increasing BTP bond purchases," CEO Philippe Donnet told a press conference. Donnet also said that the government's review of Generali's deal to combine its asset management business with BPCE-owned Natixis Investment Managers provided an opportunity to address any concerns about the transaction.
Yahoo
28-02-2025
- Business
- Yahoo
Analysis-Why the US exceptionalism trade is faltering
By Lewis Krauskopf and Laura Matthews NEW YORK (Reuters) - Going into the year investors were betting that President Donald Trump's policies would spur U.S. stocks and the dollar to outperform their global peers. That assumption is increasingly getting tested. The Trump administration's revamp of the government and massive moves on trade and other policies have instead injected uncertainty, with consumers and businesses worrying about the economy, threatening the narrative of U.S. exceptionalism. The policy uncertainty is "leading to a dynamic ... where you start to see investors and business leaders and consumers alike kind of reining things in a little bit," said Garrett Melson, portfolio strategist at Natixis Investment Managers. "That's against the backdrop that, aside from all the policy and the Trump administration noise, was already on a cooling trajectory" for the U.S. economy, he added. In addition, the country's megacap tech and growth companies that drove much of the market's gains in recent years have faltered on valuation concerns and fed by worries over the DeepSeek low-cost Chinese artificial intelligence model. One ETF tracking the so-called "Magnificent Seven" group has fallen more than 10% from its high in mid-December. Nvidia, a critical member of the "Magnificent Seven" group, forecast first-quarter revenue above estimates on Wednesday, while the semiconductor company's margin outlook was slightly lower than expected, in a report that was primed to set the tone for markets on Thursday. Heading into 2025, U.S. equities and the dollar were widely expected to outstrip their foreign counterparts. So far this year, however, the U.S. benchmark S&P 500 has risen just over 1% against a roughly 7% climb for an MSCI index of stocks in over 40 other countries, while the greenback has slid about 3% from its January peak against a basket of its main rivals. Some of the diverging performance stems from developments outside the U.S., including surprising economic data in Europe and the emergence of an AI model in China that has shaken the technology sector, which has an outsized presence in U.S. stock indexes. However, worries about the domestic growth outlook have heightened after recent weak indicators from consumers and businesses, amid a barrage of announcements regarding trade and federal workforce cuts from the Trump administration, compounding concerns about the impact of still-firm inflation on the Federal Reserve's interest rate path. The latest economic reports could help drive a long-awaited catch-up for international assets, which have grown increasingly cheap compared with their U.S. rivals. For example, on a price-to-earnings basis, the S&P 500's premium over the MSCI index of stocks outside the U.S. reached its highest in more than two decades in late 2024, according to LSEG Datastream. Among the worrisome signs in the U.S. economy over the past week are a release on Tuesday showing consumer confidence falling at its sharpest pace in 3-1/2 years in February, and a separate reading that showed consumer sentiment dropping to a 15-month low. A survey on Friday showed business activity sank to a 17-month low, with activity nearly stalling in February. 'The expectation has been for the U.S. (economy) to continue to do very well,' said Paul Nolte, senior wealth adviser and market strategist at Murphy & Sylvest Wealth Management, who at the start of the year tilted a global equities portfolio more toward stocks outside of the U.S. "So if there is some fault with that, then maybe some of the valuation excess that the U.S. has needs to come down closer to where the rest of the world is.' Recent weakness in U.S. economic data has spurred investors to ascribe incrementally higher probability to a "growth scare" scenario, Charlie McElligott, managing director of cross-asset strategy at Nomura, said in a note on Monday. Investors seem to be "getting their arms around" the implications of the initial Trump administration policies and starting to account for a far more serious growth drag than initial post-election narratives had suggested, he said. Other indicators also may reflect a cloudier corporate outlook. The National Federation of Independent Business's survey for January found the percentage of its small business members planning capital expenditures within the next six months dropping to the lowest level since before the November election. The value and total number of announced U.S. deals fell by about a third over roughly the first two months of 2025 compared with the same period a year earlier, according to Dealogic, even as the administration has been expected to provide a friendlier regulatory environment for mergers and acquisitions. "Another month or two of poor U.S. economic data would deliver a blow to the U.S. exceptionalism narrative" and be a downside risk for the dollar, strategists at BBH said in a note on Tuesday. European stocks generally have surged to start the year, with the continent-wide STOXX 600 index rising 10% so far in 2025. Recent corporate profit growth in Europe is exceeding expectations by a greater extent than it is in the U.S., said Michael Rosen, chief investment officer at Angeles Investments. His firm has been "aggressively overweight" U.S. equities for most of the last 15 years, but in the near term, has moved more heavily to European shares, Rosen said. "There's just more evidence that the very strong economic performance that we've seen in the U.S. is beginning to diminish a bit," Rosen said. Indeed, the U.S. exceptionalism trade was "too crowded" following the election, said Keith Lerner, co-chief investment officer with Truist Advisory Services, paving the way for at least some reversal to start the year. Despite the shakier start for U.S. assets, many investors may not abandon the trade. While the U.S. economy was showing signs of weakness, many investors said risks of a near-term recession remained low while the economic benefits from Trump's policies could come later in the year. If the U.S. economy does struggle, at some point the weakness would likely spread elsewhere, investors said. "If the U.S. catches a cold, the rest of the world is going to get the flu," Nolte said. The Magnificent Seven companies have business models that many investors say can weather economic weakness better than other industries, which could support the U.S. market in a global slowdown. The Magnificent Seven "stocks are not cheap... but their leadership is not in question," said Phil Blancato, chief market strategist at Osaic.
