IXIS Asset Management Advisors Group launched Managed Portfolio Advisors, a new division focusing on overlay management of separately managed account strategies. Curt Overway was named president of the new unit. In addition to his new role, Mr. Overway also remains senior vice president and portfolio manager at IXIS, said spokesman Peter Joyce. The company is starting to see interest among defined benefit plans and high-net-worth individuals, in addition to the broker-dealer channel. Managed Portfolio Advisors has about $9 billion in total assets.