Shareholders lose faith in Natixis after H2O scandal
Data from Procensus poll
70% of respondents to Procensus poll have less faith in Natixis
Some 70% of institutional shareholders responding to a poll by opinion-sharing platform Procensus have said the recent H2O scandal has eroded their perception of the quality of the Natixis franchise.
Natixis, the parent company of H2O Asset Management, saw its stock slump 14% in late June after the H2O Allegro fund was placed under review by Morningstar on concerns over its illiquid bond holdings....
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