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Natixis Investment Managers and MFEX enter into exclusive negotiations for the sale of Axeltis to MFEX

In a fast-concentrating industry, the deal would consolidate MFEX’s position as an expert of international funds distribution, by reinforcing its market share in Europe and Asia and rounding out its existing offering with innovative and efficient solutions both for distributors and investment managers.

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Natixis Investment Managers and MFEX have entered exclusive negotiations for the sale of the whole capital of Axeltis - the fund distribution platform - to MFEX. The plan is for the divestment to be coupled with the signature of a long-term partnership with MFEX providing for the openarchitecture distribution of funds within BPCE Group (the Caisses d’Epargne and Banques Populaires networks), together with Natixis Wealth Management and Natixis Assurances.

In a fast-concentrating industry, the deal would consolidate MFEX’s position as an expert of international funds distribution, by reinforcing its market share in Europe and Asia and rounding out its existing offering with innovative and efficient solutions both for distributors and investment managers.

Underpinned by this new long-term agreement with Groupe BPCE, Axeltis is earmarked to join a specialist distribution services group and become an important component of its international development strategy.

With this project, Natixis Investment Managers continues to dynamically manage its business portfolio by focusing expansion on asset management activities.

The project is subject to consultation with the personnel representative bodies of the different companies concerned.

Next Finance , April 2018

Article also available in : English EN | français FR

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