Amundi reframes business post-Lyxor acquisition

Seeks 50% passive AUM growth

James Baxter-Derrington
clock • 1 min read
The acquisition has given Amundi a 14% market share of UCITS ETFs, or more than €170bn in assets under management.
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The acquisition has given Amundi a 14% market share of UCITS ETFs, or more than €170bn in assets under management.

Amundi has reframed its business ambitions following its €825m acquisition of Lyxor, with which it aims to catapult its passive investment arm.

The acquisition has given the firm a 14% market share of UCITS ETFs, or more than €170bn in assets under management, which makes Amundi the second-largest player in Europe, behind BlackRock's €556bn AUM,...

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