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Gateway Investment Advisers Acquired By Natixis Global Asset Management
Gateway has $7.9 billion in assets under management (as of December 31, 2007), including the $4.3 billion Gateway Fund (GATEX), as well as a variety of subadvised mandates and private accounts. The firm, known for its risk-conscious investment approach that seeks to capture the majority of the return associated with equity market investments while exposing investors to lower risk and volatility than other equity investments, will continue to operate autonomously, retaining its brand name and its Cincinnati headquarters.
The Gateway Fund, which will be available for purchase through financial intermediaries, has been reorganized as a member of the Natixis Funds family and will keeps its name, investment strategy, and portfolio management. The Gateway investment team will remain in place and will continue to implement the firm’s hedged equity strategy, the companies announced.