This and several other $10bn-plus fundraisings could make 2019 an exceptional vintage.
The entity, active in the UK and the US, has been established in Dublin since August 2018.
The authorised corporate director and the depositary of the LF Woodford Equity Income Fund will formally review the suspension at least every 28 days.
The €9bn French investment boutique currently draws one fourth of its assets under management from outside France.
The asset manager settles the tax fraud case against it that began in 2017.
H2O’s Allegro Fund rating slipped from ‘bronze’ to ‘neutral’, as fund rating body Morningstar resumed the coverage of the fund after its earlier suspension due to concerns over its illiquid assets.
The swiss asset manager thinks this activity "do not correspond to expectations".
Daniel Roy, chairman of the executive board of La Banque Postale AM, discusses the initial stages of the planned merger with Ostrum’s fixed income management business expected to lead to the creation of a group with €400bn in assets under management – all as part of a vast industrial project involving BPCE, CNP Assurances and Banque Postale.
In a press statement, the French financial group backs up measures implemented by its affiliate to overcome the current situation.
In a rare exercise of transparency, H2O Asset Management has released a five-page detailed note on 20 June 2019 in which it tackles all points raised by FT Alphaville's investigation and Morningstar's research team.