Expansion through acquisition is one of the options for growth, so says the newly appointed head of the region at Natixis Global Asset Management.
Natixis Global Asset Management (Natixis) head of Asia Pacific, Fabrice Chemouny, who took up his new Hong Kong based role last month, has outlined the group’s growth strategy for Asia Pacific.
Three Pronged Approach
Chemouny believes a combination of organic growth, acquisitions and partnerships will see his firm achieve its goal of doubling assets under management (AUM) in the region and doubling the percentage Asia represents in global AUM from five to 10 percent.
«We are looking across the region for businesses or teams which expand our current global offering, in particular in pan-Asian equities, fixed income and alternatives. What is certain is that we will acquire high conviction, active managers who fit our culture of transparency and complement our focus on portfolio construction,» said Chemouny.
On the Move
Natixis’ strategy has already born fruit with the acquisition of Investors Mutual Limited in Australia announced last week and reported by finews.asia.
Chemouny added that organic growth would occur across all seven offices in Asia Pacific and be driven by specific market characteristics and needs. For example in Japan there would be a heavy focus on pension funds and life insurance. While in Hong Kong the firm will provide for both institutional and retail investors through private banks and advisors.
