Natixis Global Asset Management in the world Top 15 asset managers
The Cerulli annual report on the world’s top 50 asset managers, based on global assets under management at end-December 2011, has just been published.
With total AuMs of $706 billion (€544 billion), Natixis Global Asset Management is in 13th position, up 2 positions from 2010, thus placing it for the second year in a row in the world’s Top 15.
In addition, a report from Strategic Insight, a US-based research and analysis company for investment executives, highlights Natixis Global Asset Management development within the US market. Indeed, despite market uncertainty the past few years, Natixis Global Asset Management – U.S. Distribution has been able to grow and thrive during this tricky period by investing in its business.
By strategically adding staff and resources, the combined fund family of Natixis Global Asset Management – U.S. Distribution’s affiliates has become one of the Top 15 asset gatherers of long-term funds in the U.S. year-to-date through June 2012 with more than $4 billion in new assets, according to Strategic Insight. This ranks the firm 12th on the list.
“We all know how challenging the markets have been but thanks to our products, our platform and our people, we’ve been able to grow our business and become an even more important player in the industry,” said David Giunta, President and CEO of Natixis Global Asset Management – U.S. Distribution.
Over the past decade, Giunta points out that while the S&P 500 has grown 9.6%, the assets serviced by U.S. Distribution have grown more than 600% -- from $14.2 billion at the end of December 2001 to $101.2 billion at the end of December 2011.