(Reuters) - The acquisition is being carried out by Natixis subsidiary IXIS Asset Management U.S. Group. The terms of the transaction were not disclosed.
"Gateway enjoys a highly competitive long-term track record based on a well-tested risk management methodology. We expect demand for its style of risk-adjusted investment products to be strong and growing, particularly in the rapidly expanding retirement market," Pierre Servant, head of asset management at Natixis, said in a statement.
Read more at Reuters.com Mergers News
"Gateway enjoys a highly competitive long-term track record based on a well-tested risk management methodology. We expect demand for its style of risk-adjusted investment products to be strong and growing, particularly in the rapidly expanding retirement market," Pierre Servant, head of asset management at Natixis, said in a statement.
Read more at Reuters.com Mergers News
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