Nov 25 (Reuters) - France's Natixis Investment Managers
is holding early-stage talks with Italian insurer Generali
about a potential tie-up, the Financial Times reported
on Monday.
The firms have not yet agreed to terms of a deal, and it
remains uncertain whether the talks will lead to an agreement,
the report added, citing sources.
A spokesperson for BPCE, the parent company of Natixis,
declined to comment on market rumours. Generali declined to
comment on the report.
Natixis currently manages $1.3 trillion in assets,
according to its
website
. A partnership with Generali, which
reported
821 billion euros ($863.86 billion) in managed assets for
the first half of the year, could create one of the largest fund
managers in Europe.
In September, Natixis
sold
its pan-European private credit specialist MV Credit to
California-based investor Clearlake Capital.
($1 = 0.9504 euros)