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.
Business & Finance
UniCredit cuts Amundi funds’ share in assets under management
30 May 2023, 5:25 pm 1 minute
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
