Fidelidade's assets under management will rise by 30% after buying a majority stake in one of Portugal's leading asset managers, IMGA, which was formerly owned by BCP. The deal has been agreed, subject to regulatory approvals.
After strengthening its presence in Germany and Switzerland, Fidelidade buys an asset manager in Portugal
Monday, 5 January 2026RSS
Context & Explainers
Fidelidade is a large Portuguese insurance company providing life and non-life insurance and other financial services, and it has long-standing investments across several sectors. In January 2026 Fidelidade completed the sale of a 40% stake in Luz Saúde to Macquarie Asset Management.
