Amundi

If you plan to invest in ETFs, you must have heard about Amundi and considered it an option. But what exactly is Amundi?

In the world of Exchange-traded funds or ETFs, the ETF issuer or provider plays an important role. Since the market begins and ends with the issuer, understanding it is crucial for you as an investor.

Let's get into it!

What is Amundi?

Amundi, which literally means 'bridal gift', is a French asset management company. The group says the Latin roots of the new name also reflect its European roots.

It has about 1.653 trillion Euros in assets under management in2019. Moreover, it's the largest asset manager in Europe.

If you plan on investing, Amundi can be a great starting option for you.

How many ETFs does Amundi have?

Amundi has about 133 ETFs. Thus, it is one of the five largest ETF providers in Europe. Moreover, it's a subsidiary of the French bank Credit Agricole.

Thus, we can all agree that Amundi is one option you can consider best. If you plan on investing through its ETFs, you can be confident about your investments.

How much money does Amundi have under management?

Amundi has around 1.7 trillion euros of assets under management. These assets come from across six main investment hubs. The company has clients in Europe, Asia-Pacific, the Middle East, and the Americas. They offer a wealth of market expertise and a full range of capabilities across various investment platforms.

Is Amundi a hedge fund?

Amundi is not a hedge fund, but it has such a kind of fund. Amundi has multi-management investments that span over 400 unlisted funds. One of them includes hedge funds.

In general, a hedge fund is an investment company that invests its clients' money in alternative investments. It tries to either beat the market or hedge against unforeseen market changes.

Summary

Amundi offers great promise with its significant experience and performance. Thus, it can be wise to take a more in-depth look into the company and conduct further research.