Bpce: BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide

Assicurazioni Generali S.p.A. has announced that they have signed a non-binding Memorandum of Understanding to create a joint venture between their respective asset management operations Generali Investments Holding and Natixis Investment Managers.  BPCE (through Natixis IM) and GIH would each own 50% of the combined business with balanced governance and…