Amundi to buy Pioneer Global Asset Management
Amundi SA is one of the leading investment firms to buy Pioneer Global Asset Management SpA from UniCredit SpA. Amundi is set to pay more than 3 billion Euros for Pioneer.
A purchase of Pioneer which oversees about 226 billion Euros would be the biggest acquisition for Amundi and launch it into the top global money manager with almost $1.4 trillion in assets.
News Source: Bloomberg
Amundi is the leading European asset manager, with over €1,000 billion of assets under management worldwide. Amundi develops effective and innovative products for 1,000 institutional clients in more than 30 countries. It has ties with the largest sovereign wealth funds, pension funds, institutional and corporate funds in France and abroad. It has more than 1,000 distribution agreements with the leading platforms in Europe and Asia. Amundi currently supplies 8 partner networks in Europe and Asia with innovative, simple and secure savings solutions best suited to their clients. It reaches over 50 million retail investors via these networks.
- Origin: Paris, France
- Assets Under Management: €1,054 billion
- Employees: 3,800
Official Website: www.amundi.com
News & Media: Press Release
Updated on 8th August 2016