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Mon, November 25, 2024

Natixis and Generali in early talks for asset management tie-up, FT reports


Published on 2024-11-25 12:45:31 - Bill Williamson, WOPRAI
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  • France's Natixis Investment Managers is holding early-stage talks with Italian insurer Generali about a potential tie-up, the Financial Times reported on Monday.

Natixis, a French financial services firm, and Generali, an Italian insurance company, are reportedly in preliminary discussions to potentially merge their asset management operations, according to the Financial Times. This move aims to create a significant player in the European asset management sector, which has been facing challenges from low-cost index funds and passive investment strategies. The talks are at an early stage, and there is no certainty that a deal will be finalized. If successful, this partnership could help both companies enhance their market position and operational efficiencies in a highly competitive industry.

Read the Full Reuters Article at [ https://www.reuters.com/business/finance/natixis-generali-early-talks-asset-management-tie-up-ft-reports-2024-11-25/ ]
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