In 2023, we chose to remain silent regarding the progress of the legal proceedings launched by the Association Collectif Porteurs H2O and its members (the “Members”) against the portfolio management companies H2O AM LLP and H2O AM Europe SAS (together...

After a legal battle lasting nearly 9 months during which CACEIS Bank, KPMG and Natixis IM and H2O AM have, in a coordinated and concerted manner, multiplied the incidents, In particular by arguing that the request for an expert’s opinion 145 made...

The Paris Commercial Court has ruled in favour of many complainants who want to obtain documents from the management company in order to calculate their pecuniary damages, NewsManagers learned. Eric Pinon’s mission is to verify the adequacy, completeness...

A class-action lawsuit has obtained a court order for H2O Asset Management to provide documents to shed light on its risky investments. The collection and review of the documents has been entrusted to Eric Pinon, outgoing chair of the Asset Managers’...

Dear Members, This newsletter provides an opportunity to update you on the insolvency proceedings initiated against Tennor Holding. Insolvency proceedings initiated against Tennor Holding For the record, in May 2021, H2O AM announced that it had...

In its decision of 21 December 2021, the Amsterdam Court of Appeal overturned the 2 November 2021 decision of the Amsterdam District Court that had declared Tennor Holding unable to meet its liabilities and ordered it to file for bankruptcy. The Amsterdam...

H2O’s funds reopened on 14 October 2020, by creating, on the one hand, liquid units, and on the other hand, locked-in units, called side-pockets.

The association “Collectif Porteurs H2O” has decided file for an interlocutory ruling against management companies H2O AM LLP and H2O AM Europe SAS (société par actions simplifiée [simplified joint-stock company]) (hereinafter “H2O”), which are controlled...

An association of unitholders and individual investors have initiated discussions with the management company. They say they are ready to take the case to court. A dozen investors and wealth management associates (WMAs) have founded “Collectif...

A year and a half after the beginnings of the “H2O affair”, investors are going on the attack. Tens of thousands of individual clients have been affected by the problems of the asset management company H2O, a subsidiary of Natixis, BPCE’s listed bank.In...