Italy's Generali and the owner of France's Natixis are set to combine their asset management operations to create a European giant overlooking 1.9 trillion euros ($1.979 trillion) in assets.

Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut costs and team up on distribution, according to people familiar with the matter.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The owner of France’s Natixis Investment Managers and Italian insurer Generali are close to announcing an ...

Italy's Generali and the owner of France's Natixis Investment Managers ... Our investment management business generates asset-based fees, which are calculated as a percentage of assets under ...