(Boursier.com) — BPCE explores various strategic options for Natixis Investment Managers. The group resulting from the merger in 2009 of the Caisse Nationale des Caisses d’Epargne and the Banque Fédérale des Banques Populaires is working with advisors to study different possibilities for the asset manager, ‘Bloomberg’ understands, citing close sources. folder. It is open to selling a majority stake but could also choose to divest a minority stake, according to the sources.
A BPCE spokesperson told the agency that the bank is working on a new strategic plan, which it plans to unveil in mid-2024, and is studying ways to develop all of its businesses, including asset management. ‘assets. BPCE has owned all of NIM since the acquisition of Natixis in 2021. At the time of the acquisition, BPCE indicated that it did not rule out an IPO of Natixis Investment Managers.
Natixis Investment Managers, which manages more than $1.2 trillion, is one of the largest asset managers in the world. The company is known for its boutique model, made up of a collection of independent companies including names like Harris Associates and Naxicap.
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