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Amundi CEO eyes takeover targets

Fund house leader eyes potential technology acquisitions amid market disruption

'As long as it answers to the strategy, we will look at it' says Valérie Baudson
'As long as it answers to the strategy, we will look at it' says Valérie Baudson Photo: Joel Saget/Getty Images

Amundi’s chief executive says Europe’s largest asset manager is on the lookout for takeover targets as the current market turmoil presents opportunities to expand its technology business.

The Paris-headquartered asset manager has grown through a series of acquisitions over the past decade. These have included its 2016 purchase of Pioneer Investments from UniCredit and its acquisition of Lyxor two years ago.

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