** French investment group Eurazeo EURA.PA shares drop 10% after its H1 results confirms slowing growth and soft portfolio performance.
** Analysts at Degroof Petercam downgrade Eurazeo to 'Reduce' from 'Hold', citing slowing growth, soft portfolio performance and disappointing fund returns
** "We believe there are better alternative asset managers in Europe to buy," broker says
** Share is on track for its worst performance in five years
(Reporting by Leo Marchandon)
((Leo.marchandon@thomsonreuters.com))