Amundi reframes business post-Lyxor acquisition

Seeks 50% passive AUM growth

James Baxter-Derrington
clock • 1 min read

Amundi has reframed its business ambitions following its €825m acquisition of Lyxor, with which it aims to catapult its passive investment arm.

The acquisition has given the firm a 14% market share of UCITS ETFs, or more than €170bn in assets under management, which makes Amundi the second-largest player in Europe, behind BlackRock's €556bn AUM, or 46% market share. The firm said that one of the major reasons behind the acquisition of Lyxor was to further galvanise its position in the European market in light of increasing US competition in the space. By 2025, the France-headquartered fund house intends to grow its passive AUM by 50% as it seeks to becomes "the European passive preferred partner for worldwide clients". Thi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read
Stock pickers call for caution over rapid return to US equities

Stock pickers call for caution over rapid return to US equities

Quilter's WealthSelect boosts fixed income and reduces equity exposure

Linus Uhlig
clock 01 July 2025 • 1 min read