AXA CEO Confident of Investment Manager Sale Despite Tariff Turmoil -- Market Talk

Dow Jones

Apr 10, 2025

0929 GMT - AXA is confident that it will close the sale of its investment manager to BNP Paribas despite market turmoil triggered by U.S. tariffs, Citi says in a research note after hosting a lunch with insurer's CEO and French investors. Tariff announcements have sent markets on a rollercoaster ride, heightening uncertainty, which is set to weigh on dealmaking and could prompt some to reconsider in-play transactions. There were surprisingly few questions at the event on the implications of tariff-related events on the French insurer's balance sheet, though this should be a focus on its 1Q results call, analyst James A Shuck writes. "The narrative was around resiliency of business lines, new savings product launches in Italy and France...to address net outflows and [contractual service margin] growth, and the distribution strength/diversification of the group more broadly," he writes. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

April 10, 2025 05:30 ET (09:30 GMT)

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Tariff announcements have sent markets on a rollercoaster ride, heightening uncertainty, which is set to weigh on dealmaking and could prompt some to reconsider in-play transactions. There were surprisingly few questions at the event on the implications of tariff-related events on the French insurer's balance sheet, though this should be a focus on its 1Q results call, analyst James A Shuck writes. \"The narrative was around resiliency of business lines, new savings product launches in Italy and France...to address net outflows and [contractual service margin] growth, and the distribution strength/diversification of the group more broadly,\" he writes. 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Tariff announcements have sent markets on a rollercoaster ride, heightening uncertainty, which is set to weigh on dealmaking and could prompt some to reconsider in-play transactions. There were surprisingly few questions at the event on the implications of tariff-related events on the French insurer's balance sheet, though this should be a focus on its 1Q results call, analyst James A Shuck writes. \"The narrative was around resiliency of business lines, new savings product launches in Italy and France...to address net outflows and [contractual service margin] growth, and the distribution strength/diversification of the group more broadly,\" he writes. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 10, 2025 05:30 ET (09:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4117","symbol_name":"多元化保险","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2526534434","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526534434","pubTimestamp":1744277400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4117":"多元化保险","AXAHY":"AXA"},"translate_title":"尽管关税动荡，安盛首席执行官仍对出售投资经理充满信心——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AXAHY":0.9},"content_text":"0929 GMT - AXA is confident that it will close the sale of its investment manager to BNP Paribas despite market turmoil triggered by U.S. tariffs, Citi says in a research note after hosting a lunch with insurer's CEO and French investors. 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(elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 10, 2025 05:30 ET (09:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}