Specialist EM and Frontier manager from Gulf acquires strategy managed by Ashish Chugh, who will become its CIO for EM Equities. Boston-based investment manager Loomis, Sayles & Co. has sold its Global Emerging Markets (GEM) equities team to $4.3 billion boutique FIM Partners from Dubai. As part of the acquisition, the strategy's head and portfolio manager Ashish Chugh will also be appointed FIM's chief investment officer for EM equities. Chugh has built the strategy since