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UniCredit reduces the share of Amundi funds in assets under management
Business and finance
May 30, 2023, 5:25 p.m. 1 minute
Reuters exclusively reported that UniCredit has reduced the share of Amundi funds among its assets under management as the Italian bank and its French partner dispute their 3.7 billion euro agreement which ends in 2027. Amundi shares have lost 6 % on Wednesday, underperforming a 1.5% decline in France’s all-stock index.
Market Impact
Amundi shares lost 6% on Wednesday, underperforming a 1.5% decline in the French all-equity index.
Article tags
Topics of interest: Business and finance
Type: Best Reuters
Sectors: Business and finance
Regions: Europe
Countries: FranceItaly
Types of story: Exclusive / Scoop
Media Types: Text
Customer impact: Important regional history
reutersagency
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