Generali and Natixis form €1.9tn asset management joint venture

Generali and Natixis form €1.9tn asset management joint venture

Generali and Groupe BPCE, parent company of Natixis Investment Managers, have agreed to merge their asset management operations, forming a joint venture managing €1.9tn ($1.98tn) in AUM. This partnership positions the new entity as the ninth-largest asset manager...