After a strong opening (like other banks), Natixis is down about 8-9% due more negative news from H2O. The market has already been slashing its estimates on Natixis and its IM division due to falling financial markets (and the immediate impact on the AuMs and management fees). H2O has been a specific issue for one year and with “dangerous relations” between the AM and controversial investor Lars Windhorst. A sharp drop in H2O’s flagship funds will therefore add to the turmoi
11 Mar 2020
Underperformance fees a possibility?
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Underperformance fees a possibility?
- Published:
11 Mar 2020 -
Author:
Farhad Moshiri -
Pages:
2
After a strong opening (like other banks), Natixis is down about 8-9% due more negative news from H2O. The market has already been slashing its estimates on Natixis and its IM division due to falling financial markets (and the immediate impact on the AuMs and management fees). H2O has been a specific issue for one year and with “dangerous relations” between the AM and controversial investor Lars Windhorst. A sharp drop in H2O’s flagship funds will therefore add to the turmoi