Ostrum Asset Management | |
Type: | Public limited company |
Industry: | Financial services |
Predecessor: | Natixis Asset Management |
Hq Location City: | Paris |
Hq Location Country: | France |
Area Served: | Europe, Asia, North America |
Key People: | Oliver Houix (CEO), Ibrahima Ikobar (deputy CEO CIO), |
Products: | Asset Management |
Assets: | €389 Billion (Q2 2022) |
Num Employees: | 400 |
Num Employees Year: | 2022 |
Subsid: | Ostrum Asset Management U.S., Ostrum Asset Management Asia Limited, Natixis Asset Management Finance |
Ostrum Asset Management (previously Natixis Asset Management), is a French asset management company that was founded in 2007.[1] The company is part of French banking group BPCE. Ostrum Asset Management is an affiliate of Natixis Investment Managers (previously Natixis Global Asset Management), majority owned by BPCE.
, Ostrum Asset Management held €324.5 billion ($400 billion) in assets and was employing over 700 people.[2]
The company was established in 1985 as one of the first so called solidarity funds under the name Nord Sud Développement, which became Natixis Impact Nord Sud Développement later on.[3] In 2001 CDC Asset Management becomes CDC IXIS Asset Management. In 2004 CDC IXIS Asset Management becomes IXIS Asset Management, fully owned by IXIS Asset Management Group.In 2006 Natixis was founded as the result of aligning activities by both the Groupe Caisse d’Epargne and Groupe Banque Populaire.
In 2013, the company launched the Natixis Global Risk Parity Fund, a global allocation fund with a balanced risk approach.[4] A year later it launched the Natixis Short Term Global High Income Fund.[5] In 2016, it launched Real Assets Private Debt management in three sectors: real estate, infrastructure and aircraft.
In 2017 the enforcement committee of the French financial regulatory agency, Autorité des Marchés Financier (AMF), fined Natixis Asset Management for overcharging investors with its formula funds. The ruling was handed down on 25 July 2017 and the company was fined €35 million.[6]
In 2018, Natixis Asset Management was renamed Ostrum Asset Management.[7] 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.[8]
Ostrum Assets Management has operations in Europe, Asia and in the United States. Natixis Asset Management Asia manages Asian assets.[9] Ostrum Assets Management’s provides services to institutions, individuals and distributors.[10]