Dexia puts its asset management arm up for sale

Fri Oct 21, 2011




Dexia Asset Management, an asset manager that runs one of the largest numbers of absolute return UCITS strategies, is being sold following a government bail-out of its banking parent earlier this month.

The Dexia group has started the disposal process of certain of its group's operating entities after the troubled Franco-Belgium bank received an emergency government-funded bail-out earlier...

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