Ostrum Asset Management
{{Short description|French asset management company}}
{{Infobox company
| name = Ostrum Asset Management
| logo = File:Logo-ostrum.svg
| logo_size =
| type = Public limited company
| industry = Financial services
| predecessor = Natixis Asset Management
| founded = {{start date and age |2007}}
| 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 = €416 Billion (31 December 2024)
| num_employees = 400
| num_employees_year = 2022
| subsid = Ostrum Asset Management U.S., Ostrum Asset Management Asia Limited, Natixis Asset Management Finance
| website = {{URL |www.ostrum.com}}
}}
Ostrum Asset Management (previously Natixis Asset Management), is a French asset management company that was founded in 2007.{{Cite news|url=http://www.investmenteurope.net/regions/france/natixis-becomes-ostrum/|title=Natixis AM becomes Ostrum AM - Investment Europe|date=2018-03-07|work=Investment Europe|access-date=2018-07-22|language=en-US|archive-date=2018-07-23|archive-url=https://web.archive.org/web/20180723005501/http://www.investmenteurope.net/regions/france/natixis-becomes-ostrum/|url-status=live}} 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.
As of June 30th 2024, Ostrum Asset Management held €396 billion ($400 billion) in assets and was employing over 700 people.{{Cite news|url=https://www.bloomberg.com/news/articles/2018-03-22/natixis-says-liquidity-risk-lurks-in-etfs-if-bond-selloff-flares|title=Natixis Says ETFs Could Be the First to Fall If a Bond Selloff Flares|work=Bloomberg.com|access-date=2018-07-22|language=en|archive-date=2018-06-13|archive-url=https://web.archive.org/web/20180613234223/https://www.bloomberg.com/news/articles/2018-03-22/natixis-says-liquidity-risk-lurks-in-etfs-if-bond-selloff-flares|url-status=live}}
History
= Foundation 1985-2006 =
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.{{Cite news|url=http://citywireselector.com/news/natixis-targets-climate-change-with-a-new-fund/a370283?ref=equity-austria-managers/i1479|title=Natixis targets climate change with a new fund|work=Citywire Global|access-date=2018-07-22|language=en}} 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.
=== Natixis Asset Management 2007-2017 ===
In 2013, the company launched the Natixis Global Risk Parity Fund, a global allocation fund with a balanced risk approach.{{Cite news|url=https://www.next-finance.net/Natixis-Asset-Management-launches|title=Innovation - Natixis Asset Management launches Natixis Global Risk Parity, a global allocation fund with a balanced risk approach|last=Finance|first=Next|work=Next Finance|access-date=2018-07-22|language=en|archive-date=2018-07-23|archive-url=https://web.archive.org/web/20180723034113/https://www.next-finance.net/Natixis-Asset-Management-launches|url-status=live}} A year later it launched the Natixis Short Term Global High Income Fund.{{Cite news|url=http://citywireselector.com/news/natixis-am-targets-short-term-hy-bonds-with-new-launch/a746775|title=Natixis AM targets short-term HY bonds with new launch|work=Citywire Global|access-date=2018-07-22|language=en|archive-date=2018-07-23|archive-url=https://web.archive.org/web/20180723003708/http://citywireselector.com/news/natixis-am-targets-short-term-hy-bonds-with-new-launch/a746775|url-status=live}} 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.{{Cite news|url=https://www.amf-france.org/en_US/Actualites/Communiques-de-presse/Comission-des-sanctions?docId=workspace://SpacesStore/8e8922df-a8c9-4717-9a45-c8a0daf8dd9d|title=The AMF Enforcement Committee fines Natixis Asset Management €35 million|work=AMF|access-date=2018-07-22|language=fr-FR|archive-date=2018-07-23|archive-url=https://web.archive.org/web/20180723004142/https://www.amf-france.org/en_US/Actualites/Communiques-de-presse/Comission-des-sanctions?docId=workspace://SpacesStore/8e8922df-a8c9-4717-9a45-c8a0daf8dd9d|url-status=live}}
= Ostrum 2018-onwards =
In 2018, Natixis Asset Management was renamed Ostrum Asset Management.{{Cite news|url=http://www.financialstandard.com.au/news/global-manager-sells-distribution-platform-115544976|title=Global manager sells distribution platform|work=Financial Standard|access-date=2018-07-22|language=en-AU}} 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.{{Cite news|url=https://www.moneymanagement.com.au/news/funds-management/natixis-renamed-ostrum-am|title=Natixis renamed Ostrum AM {{!}} Money Management|date=2018-03-08|access-date=2018-07-22|language=en|archive-date=2018-06-13|archive-url=https://web.archive.org/web/20180613183841/https://www.moneymanagement.com.au/news/funds-management/natixis-renamed-ostrum-am|url-status=live}}
On 21 January 2025, BPCE (Ostrum Assets Management's parent company) and Italian insurer Generali announced that they have signed a non-binding memorandum of understanding to create a joint venture in order combine their asset management operations.{{Cite web|url=https://newsroom-en.groupebpce.fr/news/bpce-and-generali-to-create-the-largest-asset-manager-in-europe-by-revenues-and-a-major-player-worldwide-dfa31-53927.html |title= BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide |date= 21 January 2025}} The 50-50 owned joint venture would include all of BPCE's affiliated asset management firms (including Natixis Investment Managers, and therefore Ostrum Assets Management) and have around €1.9tn of assets under management.{{Cite web |url=https://www.ft.com/content/ae786579-c98f-4b49-9696-481363c0f169 |title= Natixis and Generali poised to announce asset management tie-up |date= 17 January 2025}}
Operations
Ostrum Assets Management has operations in Europe, Asia and in the United States. Natixis Asset Management Asia manages Asian assets.{{Cite news|url=https://www.finews.asia/finance/24522-draft-new-head-of-asian-equities-for-natixis-ste-phane-mauppin-higashino|title=New Head of Asian Equities at Natixis|date=2017-05-04|work=finews.asia|access-date=2018-07-22|language=en-gb|archive-date=2018-06-13|archive-url=https://web.archive.org/web/20180613111745/https://www.finews.asia/finance/24522-draft-new-head-of-asian-equities-for-natixis-ste-phane-mauppin-higashino|url-status=live}} Ostrum Assets Management's provides services to institutions, individuals and distributors.{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=688730|title=Company Profile on Bloomberg|last=|first=|date=|website=Bloomberg News|archive-url=|archive-date=|access-date=}}