Natixis IM acquires stake in US asset manager

24.9% stake

Tom Eckett
clock
Jean Raby of Natixis Investment Managers
Image:

Jean Raby of Natixis Investment Managers

Natixis Investment Managers has acquired a 24.9% stake in WCM Investment Management, a $29bn US asset manager, while also agreeing to become their exclusive third-party distributor.

The move is expected to complete in the second half of the year and remains subject to regulatory and customary closing conditions. The exclusive partnership will see Natixis IM distribute WCM's investment...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Smouha manages the GAM Star Credit Opportunities fund

GAM's Anthony Smouha named FE Alpha Manager of the Year

One of two wins for Smouha

clock 19 May 2022 • 1 min read
Jake Moeller, Paul Angell and Alex Farlow of Square Mile

Square Mile: Q1 fund manager sentiment

Savage rotation

Square Mile
clock 19 May 2022 • 4 min read
Thu Ha Chow of Robeco

Robeco launches SDG-aligned Asian Bonds fund

Thu Ha Chow and Reinout Schapers

clock 18 May 2022 • 1 min read
Trustpilot