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Aegon And La Banque Postale Plan New Year Tie-Up

Mark Shapland

19 December 2014

Dutch asset manager are in talks to form a strategic asset management partnership in France.

The two expect to conclude negotiations in the first quarter of 2015.

The partnership will materialise through a 25 per cent stake in La Banque Postale Asset Management held by Aegon Asset Management.

"The distribution strength of La Banque Postale combined with Aegon Asset Management’s broad and international investment capabilities will serve the investment needs of both La Banque Postale’s 11 million retail clients and its growing institutional client base," Aegon said in a statement.