UniCredit cuts Amundi funds’ share in assets under management
Reuters
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.
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