UniCredit cuts Amundi funds' share in assets under management | Reuters News Agency
Business & Finance

UniCredit cuts Amundi funds’ share in assets under management

Reuters exclusively reported that UniCredit has been trimming the share of Amundi funds among its assets under management as the Italian bank and its French partner spar over their 3.7 billion euro deal that runs out in 2027. Amundi shares lost 6% on Wednesday, underperforming a 1.5% drop in France’s all-share index.      

Market Impact

Amundi shares lost 6% on Wednesday, underperforming a 1.5% drop in France’s all-share index.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: FranceItaly
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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