Loomis Sayles Names New Fixed Income Managing Director

March 18, 2003 (PLANSPONSOR.com) - Mark Smith has been dubbed the new managing director of fixed income for Loomis, Sayles & Company, LP.

Smith joins the firm’s $45-billion fixed income group to better position the firm’s fixed income capabilities in the marketplace, as well as directing fixed incomeclient service. He brings with him 30 years of investment industry experience, most recently at JP Morgan Fleming Asset Management, where he served as managing director spearheading sales, marketing, and client service efforts in the Northeast Region from Ohio toMaine.

Previously, he was a senior portfoliomanager at AlliedSignal, Inc, where he provided oversight for all externalinvestment managers of its corporate funded benefit programs. Smithalso had direct responsibility for portfolio strategy development andimplementation for a $2-billion fixed income portfolio while atAlliedSignal.

Smith, a graduate of Ohio Northern University with an MBA from the University of Cincinnati, will report to Jae Park, Lommis’ chief investment officer.