French investment bank Natixis is seeking to sell its majority stake in under-fire H2O Asset Management. Majority owner Natixis said it was in talks about a "progressive and orderly unwinding" of its partnership with the London fund manager. For almost a decade, H2O was a jewel in the crown of Natixis's stable of money managers. H2O, which manages more than $25bn in assets, is led by Bruno Crastes and Vincent Chailley. The two firms are in discussions about an "orderly unwinding of their partnership" which could result in Natixis selling its 50.1% stake in H2O, or H2O taking on it...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes