Newsroom
Following rumours in the Italian newspaper Il Messaggero, concerning the submission of a non binding offer for the purchase of Pioneer by Amundi, Amundi wishes to clarify the following points:
- Amundi confirms its interest in Pioneer, consistently with the growth strategy presented at the time of its IPO;
- Amundi denies however the Pioneer valuation levels attributed to it.
Amundi re-iterates that its acquisition policy adheres to strict financial criteria, in particular, a return on investment greater than 10% over a three-year horizon.
Contacts
Natacha Andermahr-Sharp
Head of Press Relations and Digital Communication
William Clutterbuck
About Amundi
Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10[1] globally. It manages more than 1.470 trillion[2] euros of assets across six main investment hubs[3]. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, and listed since November 2015, Amundi is the 1st asset manager in Europe by market capitalization[4].
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
Amundi. Confidence must be earned.
Visit www.amundi.com for more information or to find an Amundi office near you.
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