Singapore’s GIC Cuts Investments with H2O Asset Management After Sanctions
Posted on 02/07/2023
Founded in July 2010, H2O Asset Management LLP is a global macro investment management company. The asset manager got an initial 50% ownership backing from Natixis Asset Management (Natixis SA). In January 2023, France’s market regulator Autorite des Marches Financiers (AMF) fined H2O Asset Management €75 million, fined Bruno Crastes €15 million and sanctioned him,…