Project to create a major asset manager worldwide and the leading player in Europe

BPCE and Generali initiate a project geared to combining their asset management businesses in order to create a major player worldwide and the European leader in terms by revenues.

BPCE and Generali plan to combine their asset management activities to establish the European leader in asset management in terms of revenue and the 9th largest player globally in the sector, with €1,900 billion in assets under management.

The new entity, equally owned by BPCE and Generali, would be supported by shareholders sharing a common vision and led by investment professionals with extensive industry experience.

This major operation marks a new milestone in the implementation of the strategic plan VISION 2030 to accelerate the development of Groupe BPCE in each of its businesses in France, Europe, and the World.

For more information, read the press release

Logos Groupe BPCE et Generali