By Distributor Client Services on Friday, 08 December 2023
Category: News

Natixis ACD Change to Thesis 18th December 2023

Changes to the authorised corporate director  of the Company

Please be advised of some important changes that we will be making to the Company.

On 17 November the Financial Conduct Authority (FCA), approved the changes to the Company explained in the attached letter and we are planning to make these changes on 18  December 2023  (Effective Date).  If for any reason these changes do not  happen on the Effective Date we will post information on the Natixis Investment Managers’ website at https://www.im.natixis.com/intl/intl-fund-documents/uk.

The authorised corporate director of the Company (ACD) will be changing from Natixis Investment Managers S.A. (“Natixis”) to Thesis Unit Trust Management Limited (Tutman).

On the Effective Date, Natixis will retire as ACD of the Company and be replaced by Tutman.  Natixis Investment Managers International is another Natixis group company and will become  the investment manager and distributor of the Sub-Funds in addition to acting as the co-manufacturer with Tutman to ensure that the Company meets client needs, and the strategy for distribution is compatible with the target market

See attached the full explanatory details which was mailed out to all invested clients on the 30th November 2023. Additionally, please see an operational readiness document which explains any operational impact. Please refer to this document to determine if you may need to take any further action.

For Operational Readiness Document click here

For full explanatory details click here

For fund details click here