Natixis IM hires distribution director from Pengana

26 August 2024
| By Laura Dew |
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Natixis Investment Managers (Natixis IM) has appointed a distribution director for private wealth across southern Australia. 

Bruno Santos will work to enhance the firm’s private wealth relationships in Victoria, South Australia and Tasmania. 

He joins from Pengana Capital Group where he worked for five years as a distribution manager and previously worked as a regional manager at Russell Investments. 

He also has experience in the financial advice, having worked at Affinia Financial Advisers, AIA Australia and AMP in the past.

The firm said: “[These roles] have equipped him with the skills to connect investment managers to the highly tailored investment strategies for private wealth and grow the scalable solutions required for wholesale and retail channels.”

Louise Watson, country head of Australia and New Zealand, said: “We are really pleased to welcome Bruno to the team. His extensive expertise in private wealth and his robust network will deepen Natixis IM’s connection with Australian advisers and investors, ensuring they have access to our best-of-breed investment managers globally.”

The current wholesale solutions from Natixis IM include the Loomis Sayles Global Equity and Global Bond funds, the Vaughan Nelson Global Equity SMID Fund, and in Australian Equities, all of the IML funds.  

Last year, Natixis IM expanded its AFSL to include retail investors as part of its expansion into the Australian market. The expanded licence enables the global asset manager to bring the capabilities of its more than 15 investment managers and over 200 strategies to Australian financial advisers and retail clients.

Santos said: “I’m thrilled to join the Natixis Investment Managers team and to leverage my experience to complement what Natixis IM has already built in the wholesale market. My focus will be on lifting our relationships in the southern states, ensuring that clients have great service and access to the world-class capabilities on offer through our affiliate managers.”

Natixis IM is the world’s 19th largest asset manager with $1.3 trillion in assets under management as of 31 December 2023.
 

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