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Amundi's Q1 Inflows Beat Expectations on Asian JV Contribution usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Amundi, Europe's biggest fund manager, posted better-than-expected first-quarter inflows on Friday thanks to its joint ventures in Asia and continued appetite for risk-averse products that underpinned 9.4% yearly growth of assets under management. Total AUM at Amundi rose by close to 17 billion euros ($18.23 billion) in the quarter to 2,116 billion euros, setting a new record and reflecting growth of 3.9% from the previous quarter. This beat the analyst consensus compiled by Visible Alpha and cited in a note by Royal Bank of Canada (RBC), which predicted an increase of 4.6 billion euros. ....
(Bloomberg) Amundi SA has acquired Swiss asset manager Alpha Associates AG in a €350 million ($377 million) deal as part of its strategy to expand in the rapidly growing private markets sector.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersChina Replaces Top Markets Regulator as Xi Tries ....
Amundi Buys Swiss Manager in €350 Million Private Markets Push bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Amundi, Europe s biggest fund manager, reported on Wednesday that its assets under management rose 7% from a year earlier, as prolonged uncertainty on the markets fueled demand for low-risk. ....