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Amundi, CACEIS complete strategic partnership to develop B2B fund JV Fund Channel
information fournie par Reuters 22/05/2023 à 13:00

PARIS, May 22 (Reuters) - French fund manager Amundi SA

AMUN.PA said on Monday it has finalised a strategic partnership with CACEIS, a subsidiary of Crédit Agricole and Santander groups, to accelerate the development of B2B fund distribution platform Fund Channel.

CACEIS will acquire 33.33% of Fund Channel, in which Amundi remains the majority shareholder, the group said in a statement.

"This joint venture will significantly strengthen Fund Channel's profile as a fund distribution platform in Europe and Asia," said in a statement CACEIS Deputy Managing Director Joe Saliba.

(Reporting by Dina Kartit; Editing by Charlotte Van Campenhout and Toby Chopra)

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AMUNDI
84,6500 EUR Euronext Paris -0,29%
CREDIT AGRICOLE SA
16,8250 EUR Euronext Paris -0,27%
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