Amundi
French asset management firm / From Wikipedia, the free encyclopedia
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Amundi is a French asset management company. With €2 trillion of assets under management (AUM) at the end of 2021, it is the largest asset manager in Europe and one of the 10 biggest investment managers in the world.[2][3]
Company type | Société Anonyme |
---|---|
Euronext: AMUN CAC Mid 60 Component | |
Industry | Investment management |
Founded | 2010; 14 years ago (2010) |
Headquarters | , |
Area served | Worldwide |
Key people | Valerie Baudson (chief executive officer) Yves Perrier (President) |
Products | |
AUM | €2.064 trillion (31 December 2021) |
Owner | Crédit Agricole (70%) |
Number of employees | 5,300 employees worldwide[1] |
Subsidiaries |
|
Website | Amundi.com |
Founded on 1 January 2010, the company is the result of the merger between the asset management activities of Crédit Agricole (Crédit Agricole Asset Management, CAAM) and Société Générale (Société Générale Asset Management, SGAM).[4] Amundi Group has been listed on the Euronext stock exchange since November 2015.[5] Its majority shareholder is Crédit Agricole S.A.
In legal terms, Amundi Group owns Amundi Asset Management, as well as several other subsidiaries in the asset management sector, notably CPR Asset Management (CPR AM)[6] and BFT Investment Managers (BFT IM) in France. In 2017, the Amundi group acquired Pioneer Investments, the asset management subsidiary of Unicredit, and in 2021 acquired Lyxor Asset Management, a subsidiary of Société Générale.[7]
Amundi is involved in a range of investment management activities. The company is particularly engaged in active management, through a range of mutual funds (equity management, bond management, diversified management, structured products management and treasury management) as well as in passive management as an ETF issuer and index fund manager. The company also offers products in the real and alternative asset investment segments (real estate and private equity in particular). Its offering is aimed at retail investors and institutional investors, either in the form of collectivised investments or specific mandates. In France, Amundi is more widely known for its activities in the field of French employee savings schemes (épargne salariale). The company also has a research and analysis unit, which issues regular publications on global economic conditions and stock market developments.
Amundi Group has offices in several countries around the world, including Europe, Asia and the United States, and is estimated to have around 100 million direct or indirect individual clients and 1,000 institutional customers worldwide.[8]