Natixis Global Associates International Expands Asian Presence - Opens Subsidiary in Taiwan

SICE license approved, Taiwan subsidiary staffed with Mandarin-speaking staff to support the distribution of group funds into Taiwan.

Natixis Global Associates International (NGAI) has today officially opened its subsidiary in Taiwan, Natixis Securities Investment Consulting Co., Ltd., following the granting of a SICE license to that subsidiary by the Taiwan Financial Supervisory Commission. NGAI is the international distribution arm of Natixis Global Asset Management (NGAM), the French multiboutique asset management organization.

NGAM has US $668 billion in assets under management (as of 30 June 2009). The company operates a multi-boutique structure, owning nearly 20 affiliate fund managers across the globe and covering a broad range of styles in equities, fixed income managers, real estate and alternatives.

NGAI already distributes some of its Luxembourg domiciled SICAV and Dublin based funds through the Taiwanese master agent, Fubon, to investors in Taiwan. The SICE license will enable the new Taiwanese subsidiary to better support those distribution efforts. The Taiwanese subsidiary will be headed by Michael Chang, general manager of the SICE.