Generali

G: XMIL (ITA)
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Generali: Asset Management Tie-Up With Natixis Reported

The Financial Times has reported that Generali and Natixis are in talks about a potential tie-up between their two asset management businesses, but nothing has been substantiated so far. We know that Natixis is much larger than Generali in terms of the assets it manages, so that would make it more feasible for Natixis to buy Generali’s asset management business, if any sale were to occur. Further, the traffic so far has been long-term savings and life insurers selling their asset management divisions, which happened when AXA Investment Management announced its intended sale to BNP Paribas in August.

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