MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, February 26, 2009 Natixis' US AUM Dropped $77 Billion in '08 Natixis revealed its year-end results Thursday, and its US asset management unit saw AUM decline almost 26.5 percent in 2008. According to Natixis Global Asset Management, the drop (from $291 billion to $214 billion) was cushioned by "a one-off gross intake of $30 billion" and net intake of $0.8 billion. The asset manager credited its bond distribution and hedged equity -- Loomis and Gateway, respectively -- for the net intake. Printed from: MFWire.com/story.asp?s=20858 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |