Generali Investments Holding and
Natixis Investment Managers:
here’s what you need to know

A memorandum of understanding to create a global champion in asset management has been signed


  The agreement
would make
Italy a key financial player in Europe
and in the world

The share that
Generali would
co-control 
in
the new company
that would be created

The new entity would manage

€1.9 TRILION
OF ASSETS

positioning itself as




THE 1st IN EUROPE

by revenues (€4.1 billion) and

THE 1st IN THE WORLD

in managing assets for insurance clients

Generali would continue
to subscribe to BTPs
and to invest
in the REAL ITALIAN ECONOMY

The Italian assets that are part of the €650 billion in assets attributed to Generali would continue to be managed by Generali in Italy

There would be
NO MERGER
between GENERALI and NATIXIS

The risk/return profile
for guarantees towards policyholders
WOULD NOT CHANGE

Generali aims to create and co-control a
LONG-TERM PARTNERSHIP

There would be
NO IMBALANCE 
in favour of Natixis

Hear from the Protagonists

Philippe Donnet

Group CEO

WATCH THE VIDEO
 

Welfare and Savings:
Opportunities for
Europe

Philippe Donnet
READ THE EDITORIAL

Francesco Martorana

Group Chief Investment Officer

WATCH THE VIDEO

Woody Bradford

CEO & General Manager Generali Investments

WATCH THE VIDEO

Massimiliano Ottochian

Chief Corporate Development and Operating Officer at Generali Investments 

WATCH THE VIDEO

Clarification about the Project

Questions & Answers

With the Natixis project, 650 billion euros of Italian assets will be managed by foreigners?

With the Natixis project, 650 billion euros of Italian assets will be managed by foreigners?

No, the statement is false. Generali fully adheres to insurance, legal (Article 37-ter of the Insurance Code), and regulatory (IVASS Regulation No. 24/2016) regulations.

No, the statement is false. Generali fully adheres to insurance, legal (Article 37-ter of the Insurance Code), and regulatory (IVASS Regulation No. 24/2016) regulations.

The transaction is actually a transfer of an asset such as Generali abroad?

The transaction is actually a transfer of an asset such as Generali abroad?

No, the agreement would involve the creation of a co-controlled new company dedicated to asset management, with balanced and equal governance at 50/50 and no special governance rights reserved for either partner.

No, the agreement would involve the creation of a co-controlled new company dedicated to asset management, with balanced and equal governance at 50/50 and no special governance rights reserved for either partner.

Bond underwriting and investments in the real Italian economy will be at risk, in favor of investments in assets from other countries?

Bond underwriting and investments in the real Italian economy will be at risk, in favor of investments in assets from other countries?

No, the management and risk management criteria, which will remain under the Generali's control, and the Group's insurance companies' will not change.

No, the management and risk management criteria, which will remain under the Generali's control, and the Group's insurance companies' will not change.

The transparent shareholding of the joint venture would see Natixis at 50%, Generali at 42%, and Cathay Life at 8%, creating an imbalance on the Board of Directors in favor of the French.

The transparent shareholding of the joint venture would see Natixis at 50%, Generali at 42%, and Cathay Life at 8%, creating an imbalance on the Board of Directors in favor of the French.

No, the transaction envisages the establishment of a NEW company equally and DIRECTLY owned by the two partners Generali Investments Holding and Natixis, without Cathay's participation.

No, the transaction envisages the establishment of a NEW company equally and DIRECTLY owned by the two partners Generali Investments Holding and Natixis, without Cathay's participation.

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