Amundi has confirmed its interest in Pioneer Investments, the asset management business owned by Italian bank UniCredit.
However, the French firm issued a statement to deny it had made a €4bn offer, which had been attributed to it in various media reports. The statement said: "Following rumours in the Italian newspaper...
38 VCTs raised funds in 2016-17
$4.4bn weekly outflows
Double the size of holdings in existing AR fund
Urging Treasury to appoint more women
China's debt could reach $7.6trn by year-end