Amundi doubles Asia JV assets, eyes acquisitions, tie-ups
The French asset manager's CIO outlines how the firm aims to build on the strong growth of its Asian joint ventures. Further regional expansion and product launches are on the cards.
While many Western fund houses suffered outflows in Asia in 2015, Amundi’s regional AUM rose 25% year-on-year to $110.4 billion as of September 30. This made it the second fastest growing global fund house in the region, ahead of Principal Global Investors, according to AsianInvestor's AI100 data*.
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