Natixis IM acquires stake in US asset manager

24.9% stake

Tom Eckett
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Jean Raby of Natixis Investment Managers
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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...

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