Bringing you live news and features since 2006 

Natixis Global Asset Management announces new distribution and investment operations in Canada


Natixis Global Asset Management has announced organisational changes at NexGen Financial. NexGen, now known as NGAM Canada, will continue to serve Canadian financial advisors and their clients through their growing line-up of innovative mutual fund products. 

Under the Natixis umbrella, the firm will have two distinct focus areas: one group will focus on continuing to build the firm’s investment management expertise while the other will focus on the wholesale distribution of the firm’s Canadian mutual fund offering.

“These enhancements better position the firm to serve the market with a combination of outstanding distribution and access to our broad range of mutual funds,” says John Hailer, Chief Executive Officer of Natixis Global Asset Management for the Americas and Asia. “We are currently evaluating opportunities to expand our product line-up to provide Canadian investors with additional access to our numerous money managers from around the world.”

Natixis plans to grow the existing mutual fund offering, drawing on the strength of its global network of more than 20 affiliated asset managers to bring expertise across asset classes and investment styles to Canadian investors. The firm’s Canadian investment management efforts will be led by co-CEO Jeffrey Young (pictured). Young joined NexGen in 2005, has served as Chief Investment Officer since 2010, and has almost 20 years of experience in the financial services industry. He will report to John Hailer, Chief Executive Officer of Natixis Global Asset Management for the Americas and Asia.

The firm’s distribution efforts will be led by co-CEO Abe Goenka. Goenka joined NexGen in 2007, has served as Chief Financial Officer since 2010, and has more than 15 years of experience in the financial services industry. He will report to David Giunta, President and Chief Executive Officer of Natixis Global Asset Management, U.S. and Canadian Distribution.

Natixis has created a new position and promoted James Roach to Executive Vice President, Head of Sales for Canada, reporting to Abe Goenka. Roach has been with Natixis for 13 years, serving most recently as sales desk manager at the firm’s Boston headquarters.

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by