Morningstar: M&A is not the magic bullet asset managers think it is
Consolidation often burdens firms with more integration challenges than it does scale and fee benefits
Amundi
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Third party MPS providers grab market share despite insourcing movement
Outsourcers are still the main drivers of asset growth in MPS, according to ISS Market Intelligence report
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Amundi expands US equity range with new S&P 500 Equal Weight ETF
Amundi S&P 500 Equal Weight UCITS ETF charges management fees of 0.12%
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Amundi completes combination with Victory Capital
It takes a 26.1% stake in the firm as they agree to distribute each other’s funds in the US and Europe
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Amundi launches Indian value fund with State Bank of India
The ‘contrarian’ strategy will seek out ‘overlooked opportunities’ in India’s famously growthy market
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Amundi launches Europe ex-UK fund for UK investors
Concentrated fund with 35-45 holdings
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Amundi full-year results: Net inflows double while AUM reaches record highs
Amundi’s total AUM increased by 10% over the year, and by 2.2% over the last quarter
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Bank of Japan raises interest rates to 0.5%
Core inflation rose 3% in December, compared to the previous year
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Asia sees the light on ESG
Fund managers say those Asian businesses forging ahead on sustainable investing are largely self-motivated rather than responding to governmental initiatives
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Amundi launches private credit fund with First Eagle
To act as a sub-fund for First Eagle’s US private credit strategy
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Reports: Amundi considers buying AllianzGI
Rumours regarding a tie-up have been in circulation for more than a month
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Amundi launches India Bond fund with SBI FM
Fund to focus on Indian local debt and money market securities