Why Natixis has joined asset management’s M&A frenzy
The regional chief of the French fund manager explains why it made the latest move in a spate of M&A taking place among active asset managers across the globe.
Natixis Global Asset Management’s agreement to acquire a 51.9% stake in Investors Mutual Limited (IML) in Australia marks the latest example of fund houses consolidating in order to raise revenues and keep a lid on costs.
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