PARIS, France, March 2 /CNW Telbec/ - Formed by combining the asset management arms of Crédit Agricole and Société Générale on 1 January 2010, Amundi pursues the renaming of its business lines and products in order to provide its institutional clients and external distributors with a strong global brand. In this trend, its Luxembourg flagship SICAV CAAM Funds becomes Amundi Funds.
In harmony with the new entity's ambitions, Amundi Funds offers investors best expertise of the new group. Amundi's aim is to provide investors with access to a variety of asset classes, themes and management styles.
Easy to access and authorized for sale in over twenty countries, Amundi Funds provides a simple and effective solution to the requirements of all categories of investors, whatever their country of residence(1).
Providing several share classes with fee structures and access levels suited to each profile, Amundi Funds is also designed to fit the constraints of all types of investors, be they institutional, distributors or private individuals.
The new name is stated in the prospectus dated January 2010. The new website www.amundi-funds.com is been created and the documents (country prospectus, performance reports, factsheets...) will be updated with the new name and visual identity from 2nd March 2010 onwards.
(1) All the SICAV's sub-funds and classes are variably registered by
About Amundi Funds
With assets under management of over 11 billion euros and around 70 sub-funds(1) offering a wide range of investment solutions, Amundi Funds is a Luxembourg-domiciled umbrella fund ("SICAV"). Amundi Funds is authorised for sale in 24 countries across the world(1): Austria, Belgium, Chile(2), Denmark(3), Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan(4), Luxembourg, Macao, the Netherlands, Norway, Peru(2), Portugal, Singapore(4), Spain, Sweden, Switzerland, and the United Kingdom.
(1) 18/02/2010 - Please note that not all sub-funds or share classes are
available in all jurisdictions.
(2) For domestic pension funds only
(3) For domestic Institutional investors only
(4) For private placement only
Amundi ranks third in Europe(1) and among the top ten global players in asset management(2) with around 670 billion euros under management(3).
Located at the heart of the main investment regions in more than 30 countries, Amundi offers a comprehensive range of products covering all asset classes and major currencies.
Amundi develops savings solutions to meet the needs of more than 100 million retail customers worldwide and designs innovative, high-performing products for institutional clients which are tailored specifically to their requirements and risk profile.
Benefiting from the support of two powerful banking groups, Crédit Agricole and Société Générale, Amundi aims to establish itself as the undisputed leader in asset management in Europe, recognised for:
- the quality of its products, their financial performance and
- its close relations with customers, partner networks and institutions
- the efficiency of its organisation, resulting from the individual and
collective talents of its teams
- a commitment to integrate sustainability and social purpose criteria
into its investment policies, going beyond financial criteria alone.
1. IPE Top 400 survey published July 2009, data at 31 December 2008
2. GI 100 ranking published September 2008, data at June 2008
3. Pro forma data for Amundi Group, 31 December 2009
This document is solely for the attention of journalists and professionals of the press/media sector. Irrespective of the use of these information falls within the sole editorial independence and for which Amundi no responsibility.
SOURCE AMUNDI CANADA INC.
For further information: For further information: M: Communiations: Charlotte McMullen, +44 (0) 20 7920 2349; Marylene Guernier, +44 (0) 20 7920 2369; Amundi: Charlotte Binche, Press Relations, +33 1 43 23 79 54, email@example.com