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Amundi to cut Asia staff, funds in post-merger revamp

Indira Vergis
The French fund house will cut poorly performing and overlapping funds and focus on products close to client preferences, as it aims to build Asia AUM, said the group deputy CIO.
Amundi to cut Asia staff, funds in post-merger revamp

French giant Amundi is revamping its Asian operations through job cuts and a reduction in fund products as part of a global reorganisation, following its acquisition of Pioneer Investments in July, AsianInvestor can reveal.

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