Amundi : New stage in relationship with SG
>SG – Relationship set to develop further - The renegotiation of the agreement with Société Générale (SG) has a limited immediate impact, but it is nonetheless a signal of increased openness to competition. SG networks represent 8% of Amundi's revenues and around € 150bn of AuM, of which just € 40bn is for retail funds. We believe that insurance funds in euros represent € 85bn (see appendix). This agreement raises several questions:Price cuts: the impact on earni...Amundi is a holding company. Through its subsidiaries, Co. provides advisory and investment management services. Co. provides savings, financial instruments, equity trading, credit activities, and investment solutions for both private individuals and institutional and corporate clients worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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