Stockholm (NordSIP) – Natixis Global Asset Management, the international corporate, investment, insurance and financial services arm of Groupe BPCE, the second-largest banking player in France, is rebranding its name to Natixis Investment Managers. The change is part of a new strategic plan to expand growing asset classes while developing Responsible Investing and active management solutions.
The plan is a three-year project entitled “New Dimension” to reach €1 trillion in AUM by 2020 and follows the completion of Natixis’ “New Frontier” plan launched in 2013. Deepen, Digitalize, Differentiate, the plan’s subtitle, signals the targeting of revenues of 5 per cent per annum with a return on tangible equity (RoTE) of between 13 and 14.5 per cent.
“I am particularly pleased to unveil ‘New Dimension’, Natixis’ new strategic plan for the coming three years,” commented Natixis chief executive Laurent Mignon. “After the success of ‘New Frontier’, Natixis is now a solid company, recognized for the quality of its expertise, and profitable.”
“With ‘New Dimension’, we are going to anchor our success through time by deepening the transformation of our business model, investing in digital and by a strong will to differentiate ourselves via Natixis teams’ widely-recognized expertise.”
Natixis Investment Managers has also launched a new brand platform entitled “Active Thinking” to replace its existing “Durable portfolio construction” platform. “Active Thinking” will challenge traditional ways of thinking in pursuit of suitable portfolio solutions for clients and support the benefits of active management.
“Providing clients with access to a range of investment managers, each with its own unique process and culture, helps capitalize on the diverse and unconventional thinking that can lead to alpha generation,” said Jean Raby, chief executive of Natixis Investment Managers.
Natixis plans to expand in alternatives while developing its RI strategies, targeting net inflows of over €100 billion from 2018-2020 and total AUM of €1 trillion by the end of 2020. Natixis’ AUM currently stands at €813 billion (as of 30 September).
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