Natixis, Generali and Tie Up

Generali and Natixis Ink Asset Management Joint Venture
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.The Italian insurer and French retail bank Groupe BPCE signed a preliminary deal underpinned by 15-year contracts to form a joint venture they will each own a 50% of.
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.
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.
Natixis IM and Generali Investments merge to create £1.6trn asset manager
Natixis Investment Managers is set to merge with the asset management arm of Italian insurer Generali, creating the largest European asset manager by revenue.
Generali board approves MoU in asset management deal with BPCE's Natixis, sources say
The board of Italy's top insurer Generali has approved a memorandum of understanding (MoU) that paves the way for an asset management deal with BPCE's Natixis Investment Managers to crate a European champion,
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.
Generali creates €1.9trn asset management JV with Natixis IM
Generali and BPCE have signed a non-binding memorandum of understanding for each to own 50% of the joint venture
Bpce: BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide
PRESS RELEASE BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide Milan & Paris, 2125 – Assicurazioni Generali S.p.A. (“Generali”) and BPCE today announce that they have signed a non-binding Memorandum of Understanding (“MoU”) to create a joint venture between their respective asset management operations Generali Investments Holding (“GIH”)1 and Natixis Investment Managers (“Natixis IM”).
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,
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,
Generali and Natixis plan joint European asset manager overseeing $1.979 trillion
Italy's Generali (BIT:GASI) and France's Natixis Investment Managers are set to join forces to create a new European asset manager overseeing €1.9 trillion ($1.979 trillion).
Morningstar3d
Generali and Natixis Agree on Asset Management Joint Venture — 2nd Update
Natixis Investment Managers has a network ... European insurance industry deciding its strategic positioning in global asset management, arguably long overdue," Keefe, Bruyette & Woods analyst ...
Wonks think a wave of asset management mergers is inevitable
Across the European continent, a surge of mergers and acquisitions among asset managers has begun. Yesterday, Italian and ...
A top 10 fund manager with $2 trillion in assets is being created. ‘The bigger, the better,’ says analyst.
Generali and Natixis are planning to merge to create the ninth-largest investment manager in the world by assets under ...