Natixis: statement following information on H2O Fund
(CercleFinance.com) - Natixis has just issued a press release following information published in the press concerning some of the investments of H2O Asset Management, one of the affiliates of Natixis Investment Managers.
The group states that this information, which has been transparently disclosed by H2O, has led to the suspension of Morningstar's rating of one of the H2O funds, which noted the risk of a potential conflict of interest, which is groundless.
"These elements have absolutely no impact on the liquidity and performance of H2O's funds," Natixis says.
"H2O will communicate shortly in detail to address all the questions raised by the publication of these elements" it adds.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The group states that this information, which has been transparently disclosed by H2O, has led to the suspension of Morningstar's rating of one of the H2O funds, which noted the risk of a potential conflict of interest, which is groundless.
"These elements have absolutely no impact on the liquidity and performance of H2O's funds," Natixis says.
"H2O will communicate shortly in detail to address all the questions raised by the publication of these elements" it adds.
Copyright (c) 2019 CercleFinance.com. All rights reserved.