- The new entity would manage €1.9 trillion in assets, positioning itself first in Europe for revenues (€4.1 billion) and ninth globally for assets under management, becoming the world leader in managing assets for insurance clients.
- It would offer a comprehensive range of investment strategies for retail clients, financial intermediaries, and institutional investors, covering traditional and alternative asset classes, including private markets to meet clients' evolving needs. Enhanced investment opportunities would be available for clients based in Europe, the United States, and Asia.
- Generali would co-control the new company with a 50% stake and continue to have full authority over asset allocation.
- The new company would benefit from a strong position to further expand activities for third-party clients in Europe, North America, and areas with significant growth potential in Asia, leveraging the global distribution network.
Hear from the Protagonists
Massimiliano Ottochian
Chief Corporate Development and Operating Officer at Generali Investments
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.
