US EditionA top 10 fund manager with $2 trillion in assets is being created. ‘The bigger, the better,’ says analyst.
20 Articles
20 Articles
Generali, Natixis forge non-binding asset management deal - General News
Generali and Natixis (BPCE group) on Tuesday signed a non-binding memorandum of understanding to create a European asset management giant that will have 1.9 billion euros in assets under management and 4. (ANSA)
The new group that the French and Italian groups want to form would manage more than 1.9 trillion euros in assets, to compete with the main players in the market.
The Italian insurer Generali and the French bank BPCE have signed a non-binding Memorandum of Understanding to create a joint venture between their respective asset management companies, which will occupy the ninth world position and lead Europe in terms of revenues with 4.1 billion euros.The French bank through Natixis Investment Managers and the Italian company with Generali Investments Holding will each own 50% of the business combined with b…
Trieste's board of directors gives the green light to the alliance with Natixis, the dissent of the big partners, Delfin and Caltagirone, remains. Reservations of the Board of Statutory Auditors for tight deadlines. No golden power from the government on Banco's takeover bid on Anima.Green light from the Generali board of directors to the alliance with the French Natixis...
There is no Caltagirone or Golden Power to hold, Generali crosses the Rubicon and goes straight to the alliance with the French in managed savings. The board of directors of the most important Italian insurance group and one of the country's main lenders with 37 billion investments in BTP, has given the green light to a non-binding agreement with Natixis to merge 632 billion euros of assets managed by Trieste into a joint-controlled company, whi…
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