Ostrum Asset Management

Ostrum Asset Management (Ostrum AM), previously Natixis Asset Management,[1] is a France-based asset manager, founded in 2007. It is part of Groupe BPCE, a banking group in France. Ostrum AM is an affiliate of Natixis Investment Managers (previously Natixis Global Asset Management), majority owned by BPCE.

Ostrum Asset Management
IndustryInvestment Management
PredecessorNatixis Asset Management
Founded2007
Headquarters
Paris
,
France
Area served
Europe, Asia, North America
Key people
Philippe Setbon (CEO); Ibrahima Ikobar (deputy CEO CIO),
ProductsAsset Management
Total assets€324 Billion
Number of employees
700
SubsidiariesOstrum Asset Management U.S. ; Ostrum Asset Management Asia Limited Natixis Asset Management Finance
Websitewww.ostrum.com

At the end of December 2017, Ostrum AM held €324.5 billion ($400 billion) in assets[2] and was employing over 700 people.

History

1984 - 2006 : Founding

  • 1985 : Establishment of one of the first solidarity funds : Nord Sud Développement, which became Natixis Impact Nord Sud Développement later on.[3]
  • 2001 : CDC Asset Management becomes CDC IXIS Asset Management.
  • 2004 : CDC IXIS Asset Management becomes IXIS Asset Management, fully owned by IXIS Asset Management Group.
  • 2006 : Founding of Natixis : The result of aligning activities by both the Groupe Caisse d’Epargne and Groupe Banque Populaire.

2007 - 2017 : Natixis Asset Management

  • 2013 : Launch of Natixis Global Risk Parity, a global allocation fund with a balanced risk approach.[4]
  • 2014 : Launch of Natixis Short Term Global High Income Fund.[5]
  • 2016 : Natixis Asset Management launched Real Assets Private Debt management in three sectors : real estate, infrastructure and aircraft.

2018 : Ostrum Asset Management

In 2018, Natixis Asset Management was renamed Ostrum Asset Management.[6] Natixis Asset Management U.S. and Natixis Asset Management Asia were also renamed Ostrum Asset Management U.S. and Ostrum Asset Management Asia Limited by June 2018.[7]

Operations

Ostrum AM is present in Europe, Asia and in the United States. Natixis Asset Management Asia, which manages Asian assets.[8]

Ostrum AM’s clients are institutions, individuals and distributors.[9]

Controversies

The AMF Enforcement Committee, part of the Autorité des Marchés Financier (AMF:French stock market regulator), fined Natixis Asset Management for overcharging investors with its formula funds. The ruling was handed down on 25 July 2017 and the AMF fined the company €35 million.[10]

References
  1. "Natixis AM becomes Ostrum AM - Investment Europe". Investment Europe. 2018-03-07. Retrieved 2018-07-22.
  2. "Natixis Says ETFs Could Be the First to Fall If a Bond Selloff Flares". Bloomberg.com. Retrieved 2018-07-22.
  3. "Natixis targets climate change with a new fund". Citywire Global. Retrieved 2018-07-22.
  4. Finance, Next. "Innovation - Natixis Asset Management launches Natixis Global Risk Parity, a global allocation fund with a balanced risk approach". Next Finance. Retrieved 2018-07-22.
  5. "Natixis AM targets short-term HY bonds with new launch". Citywire Global. Retrieved 2018-07-22.
  6. "Global manager sells distribution platform". Financial Standard. Retrieved 2018-07-22.
  7. "Natixis renamed Ostrum AM | Money Management". 2018-03-08. Retrieved 2018-07-22.
  8. "New Head of Asian Equities at Natixis". finews.asia. 2017-05-04. Retrieved 2018-07-22.
  9. "Company Profile on Bloomberg".
  10. "The AMF Enforcement Committee fines Natixis Asset Management €35 million". AMF (in French). Retrieved 2018-07-22.
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