UniCredit cuts Amundi funds’ share in assets under management – Reuters News Agency

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Business & Finance

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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