Natixis Investment Management has reached an agreement to sell its majority stake in embattled H2O Asset Management, following a decision to "unwind" its partnership in November 2020.
Chief executive of Natixis IM Jean Raby told Bloomberg an agreement had been reached between the asset management arm of the French bank and H2O AM to "part amicably in total agreement with management...
Cuts fees across multi-manager range
Third highest monthly figure since 1993
Took office yesterday
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn
From the horse's mouth