employees today are celebrating the 20th anniversary of the launch of the Boston-based firm's no-load mutual funds. Staffers are marking the occasion with a $20,000 gift to ACCESS, a not-for-profit organization that helps disadvantaged students go to college.
"We can think of no better way to celebrate this great occasion than by giving back to the community in which we've built our business and contributing to the
future success of our next generation," said Loomis Sayles CEO Robert Blanding
in a press release.
Loomis Sayles rolled out its first set of no-load mutual funds in May 1991. The original lineup includes Loomis Sayles Bond Fund, which now has $20 billion of AUM.
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