UniCredit and Amundi have recently announced a new distribution agreement, which aims to expand the distribution of Amundi`s investment solutions across the UniCredit network. The new agreement will allow UniCredit to distribute Amundi`s funds and other investment solutions to its clients in Europe, including Italy, Germany, Austria, and the Central and Eastern European countries where UniCredit has a presence.
The agreement marks a significant step in the strategic partnership between UniCredit and Amundi, which began in 2016. UniCredit is one of the largest banks in Europe, with a network of over 2,500 branches across the continent. Amundi, on the other hand, is one of the largest asset managers in Europe, with more than €1.7 trillion in assets under management.
Under the new agreement, UniCredit will distribute Amundi`s products and solutions through its private banking and wealth management channels, as well as its branch network. The agreement will also include the launch of dedicated Amundi investment products, tailored to the needs of UniCredit`s clients.
Both UniCredit and Amundi believe that the new distribution agreement will help to further strengthen their partnership, and to provide a wider range of investment solutions to their clients. They hope that the new agreement will help them to take advantage of the growing demand for investment products and solutions in Europe.
In addition to the new distribution agreement, UniCredit and Amundi are also working on other initiatives to further strengthen their partnership. These include joint research and development activities, as well as collaborations on new product launches.
Overall, the new distribution agreement between UniCredit and Amundi is an important development in the European investment marketplace. It represents a significant step forward for both companies, and demonstrates their commitment to working together to provide innovative and effective investment solutions to their clients. As the market continues to evolve and grow, it is likely that we will see more partnerships and collaborations between banks and asset managers, as they seek to take advantage of new opportunities and to meet the changing needs of their clients.