The French bank has announced a project to create a wealth and investment solutions team within its private bank to sell structured products and asset management solutions.
Société Générale (SG) will retain €16 billion worth of structured products of Lyxor’s assets under management (AUM), as the negotiation with Amundi to dispose of the bank’s asset management activities operated by Lyxor does not include these products, SRP has learned. The agreement, which is subject to regulatory approval, will cover passive (ETFs) and active (including alternative) management activities for institutional clients in France and abroad with the exception of Lyxor AM Japan, as we