Natixis and Generali poised to announce asset management tie-up
Under the terms of the tie-up, BPCE and Generali Investments will combine their asset management operations in a 50-50 joint venture, people familiar with the situation said. A non-binding preliminary agreement could be reached as early as next week. It would still need to be approved by the relevant unions and authorities.
Why a New $2 Trillion Asset Manager Is Coming Together in Europe
Europe's beleaguered asset managers are teaming up to survive the onslaught from mammoth American rivals. The latest milestone: Italian insurer Generali and French financial group BPCE have agreed to combine their asset-management operations,
BPCE, Generali boards poised to support asset management tie-up, sources say
The boards of directors at Italian insurer Generali and French banking group BPCE are likely to give green lights on Monday to a tie-up of their asset management businesses, three sources close to the matter said.
Generali and BPCE to establish €1.9trn asset management joint venture
Generali and BPCE have signed a non-binding Memorandum of Understanding (MoU) to create a joint venture between their respective asset management
Generali and Natixis Ink Asset Management Joint Venture
Generali and the owner of France’s Natixis Investment Managers agreed to jointly create a European asset manager overlooking nearly $2 trillion.
Generali, Natixis To Form European Asset Management Heavyweight
Italy's largest insurer Generali and France's Natixis said Tuesday that they would merge their asset management businesses to forge one of the sector's largest players.
Natixis owner says Europe’s standalone asset managers cannot be ‘global champions’
I know perfectly well that Natixis as a standalone entity can’t be a global champion in the long term. But that’s the case for almost all the actors of asset management. That’s why there’s a movement of consolidation,
Generali, BPCE announce $1.9tn global asset management JV
The combined entity will have equal ownership, with each party holding 50% and sharing governance and control.
Natixis, Generali Tie Up to Create Europe’s Second Largest Asset Manager
With €1.9tn in AUM, the joint venture would allow the pair to expand globally and speed up a push into private markets.
Northern Trust AM exits Climate Action 100+, Net-Zero Asset Managers initiative
The departure is the latest in Wall Street’s continued exodus from climate-focused alliances and groups as sector scrutiny ...
LA asset management firms overseeing more than $4T scramble to recover after wildfires
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Blockstream Unveils Asset Management Unit with Two Bitcoin-Focused Funds
Blockstream launches asset management division with two new Bitcoin investment funds, targeting institutional investors under 506(c) exemption.
Goldman Sachs shakes up management, elevates next generation of executives to leadership roles
Goldman expanded its management-committee ranks and installed a number of senior leaders in top positions throughout its ...
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Banks have unfair edge over insurers in M&A race, NN Group CEO says
The rule known as Danish Compromise gives the region’s lenders “an advantage” when buying investment units, NN Group Chief Executive Officer David Knibbe said in an interview at the World Economic ...
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Ramirez Asset Management Reportedly Acquires Private Credit Strategy Team from Avenue Capital Group
Ramirez Asset Management has reportedly acquired the private credit opportunities strategy team and their assets from hedge ...
Tatton Asset Management issues new shares post-option exercise
LONDON - Tatton Asset Management PLC (AIM: TAM), an investment management and IFA support services group, has announced the ...