Certificati di investimento - Cap. 3 (3 lettori)
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genoalè
Forumer storico
ne possiedo 100 pezzi
Fabrib
Forumer storico
Natixis SA has agreed to sell its majority stake in investment firm H2O Asset Management back to the firm’s management team, ending a decade-long relationship that’s recently been marred by controversy.
Natixis last year said it was in talks about a “progressive and orderly unwinding” of its partnership with the London fund manager, which could include a sale of its stake. The move could be a blow to H2O, which had relied on Natixis’s huge distribution network to help bring investors into its 20 billion euros ($24.6 billion) of funds.
“We agreed with management that we would part amicably in total agreement with management buying our stake in the company,” Jean Raby, chief executive officer of Natixis Investment Managers, said Monday in a Bloomberg TV interview. “It’s subject to regulatory approval, and we’re doing this in an orderly manner in a transition that has at the heart of it the interest of our clients.”
For much of the past decade, H2O has been a jewel in the crown of Natixis’s stable of money managers, wowing an army of loyal clients with often stellar performance, at a time when negative interest rates starved savers of returns. Headed by Bruno Crastes, who had built up a reputation for his strong returns at Credit Agricole SA, the firm’s stellar gains coupled with high performance fees made H2O a lucrative investment for Natixis. (BBG)
Natixis last year said it was in talks about a “progressive and orderly unwinding” of its partnership with the London fund manager, which could include a sale of its stake. The move could be a blow to H2O, which had relied on Natixis’s huge distribution network to help bring investors into its 20 billion euros ($24.6 billion) of funds.
“We agreed with management that we would part amicably in total agreement with management buying our stake in the company,” Jean Raby, chief executive officer of Natixis Investment Managers, said Monday in a Bloomberg TV interview. “It’s subject to regulatory approval, and we’re doing this in an orderly manner in a transition that has at the heart of it the interest of our clients.”
For much of the past decade, H2O has been a jewel in the crown of Natixis’s stable of money managers, wowing an army of loyal clients with often stellar performance, at a time when negative interest rates starved savers of returns. Headed by Bruno Crastes, who had built up a reputation for his strong returns at Credit Agricole SA, the firm’s stellar gains coupled with high performance fees made H2O a lucrative investment for Natixis. (BBG)
orsoseduto
Forumer attivo
ti ho seguito! mi sembra un buon rapporto rischio/rendimento
Paolo21
Forumer storico
Ti ho seguito
Paolo21
Forumer storico
Preso anch'io
NoWay
It's time to play the game
Ari gram gnam... ma quanta fame avete?
Guni
Keep calm and trade on
- Stato