News From Press Why Europe’s largest asset manager is betting big on India

Why Europe’s largest asset manager is betting big on India

Source: Mint Jan 16, 2023

Europe’s largest asset management firm, Amundi, is targeting €500 billion worth of assets in Asia by 2025, up from €400 billion at present. Valerie Baudson, chief executive officer (CEO) of Amundi, tells Mint why she expects India to play a significant role in this growth, on the future plans of Amundi across different asset-classes —equity, debt, multi-assets, ESG (environmental, social, and governance) theme, and alternatives—and collaboration with its Indian joint venture partner SBI Mutual Fund (SBI MF) on various product offerings.

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