mast image

Special Report

Impact investing


Natixis GAM acquires majority stake in ETF specialist

Related images

  • Natixis GAM acquires majority stake in ETF specialist

FRANCE - Natixis Global Asset Management (NGAM) has acquired a majority stake in Paris-based Ossiam, an asset management start-up with a range of specialty ETFs based on quantitative and fundamental data.

The company plans to launch its first ETFs in Europe early next year, available through French funds, a Luxembourg SICAV structure or dedicated funds tracking customised indices tailored for specific institutional client needs.

Pierre Servant, chief executive at NGAM, said he wanted to develop specialty ETFs as "intelligent solutions" for clients rather than plain-vanilla products that replicate market-cap weighted indices.

"NGAM's investment in Ossiam recognises the importance of specialty ETFs as an additional source of diversification for our clients," he said.

"It is also a significant diversification of NGAM's successful multi-boutique structure."

Ossiam's four directors - including chief executive Bruno Poulin and deputy chief executive Antoine Moreau - will retain partial ownership once the deal has been completed, pending regulatory approval.

Poulin said Ossiam had ambitious growth plans - "both in terms of market reach and range of products" - and that his company's partnership with NGAM would allow Ossiam to achieve those plans.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2543

    Asset class: Search of an Asset manager / Advisor managing / Advising a risk-based equity derivatives overlay program.
    Asset region: Global Developed Markets Equities, Global Emerging Markets Equities, Swiss Equities.
    Size: CHF 700-2100 million.
    Closing date: 2019-06-17.

  • QN-2544

    Asset class: Transitional Real Estate Debt.
    Asset region: North America (USA/Canada).
    Size: $50-100mn.
    Closing date: 2019-06-17.

  • QN-2546

    Asset class: Real Estate Equity Fund (non listed).
    Asset region: Europe.
    Size: Total CHF 600m, approx. CHF 100-300m per fund investment.
    Closing date: 2019-06-28.

Begin Your Search Here