ENXTPA:AMUNCapital Markets
A Fresh Look at Amundi (ENXTPA:AMUN) Valuation After UniCredit Announces Major Asset Withdrawal
Amundi (ENXTPA:AMUN) shares dropped after news emerged that UniCredit plans to reduce its investments managed by Amundi to almost zero over the next two years. Investors are closely watching this change.
See our latest analysis for Amundi.
The market reaction to the UniCredit news capped a year where Amundi’s momentum had started to build, supported by resilient inflows, a record €2.32 trillion in assets under management, and solid demand from Asia. While the total shareholder return over the...