16.09.2013 - Future of European ETFs could be French
Amundi, the $1tn French asset manager, says it is willing to consider acquisition opportunities as part of its push to become one of the top three providers in Europe’s exchange traded funds market. The admission stokes rumours that it plans to make a play for fellow French ETF house Lyxor. “We would strongly consider participating in any consolidation process within Europe’s ETF industry,” says Valerie Baudson, managing director of Amundi’s $50bn ETF and indexing operations...............................................Full Article: Source
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