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BPCE and Generali form a €1.9 trillion joint asset management venture, targeting global leadership.
BPCE and Generali are forming a joint venture between their asset management arms, creating Europe's largest asset manager by revenue with €1.9 trillion in assets.
The 50-50 partnership aims to leverage complementary geographical strengths in France, Italy, and the U.S., targeting global leadership in third-party insurance asset management.
The deal, expected to close by early 2026, hinges on regulatory approval.
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BPCE y Generali forman una empresa conjunta de gestión de activos de 1,9 billones de euros dirigida al liderazgo mundial.