UPDATE 1-French bank Natixis defends fund arm after Morningstar blow <!-- no image --> <div>Natixis on Thursday defended its H2O Asset Management fund division, after fund ratings firm Morningstar put its rating on H2O under review which hit the French bank's shares.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7angfhhg9iE:eFTxd4-sa2Q:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7angfhhg9iE:eFTxd4-sa2Q:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7angfhhg9iE:eFTxd4-sa2Q:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7angfhhg9iE:eFTxd4-sa2Q:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7angfhhg9iE:eFTxd4-sa2Q:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/7angfhhg9iE" height="1" width="1" alt=""></div> Posted by Reuters