The expansion of Fortis asset management business has its own characteristics. From 65438 to 0993, the fund management business of Belgian General Bank was still limited to the Benelux region. After evaluating the development trend of global fund industry, General Bank decided to take fund management business as one of its strategic development priorities and expand globally.
Since 1994, General Bank Group has successively formed a strategic alliance focusing on emerging markets with France's Feigemen Fund Management Company, American Harbor Capital Asset Management Company and France's FPConsult Investment Consulting Company through acquisition and shareholding, and the former Fortis' fund management business has also grown continuously through the acquisition of Mees Pierson.
A series of acquisitions enabled Fortis to quickly realize the concept of a world-class fund management company. At present, Fortis Fund manages more than 500 investment funds with total assets exceeding 300 billion US dollars.
This merger has not only created another "predator" in the fields of international insurance, banking and investment, but also created excellent conditions for the further expansion of Fortis, including its subordinate Fortis Fund Management Group.
Fortis Fund Management Group is headquartered in Brussels and has three regional branches in Europe, North America and the Far East. Fortis Fund is divided into three business management departments, two business support departments and a group strategic development management center according to the nature of business functions.