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Natixis Asset Management fined €35m for overcharging investors

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Natixis Asset Management has been fined a record €35m by the French markets regulator for overcharging investors in connection with its formula funds. The Autorité des Marchés Financiers said Natixis AM had breached its professional obligations in the management of formula funds between 2012 and 2015. 

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Click here to read the full story: Financial Times

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