Amundi acquired German’s Aixigo for 149 million euros

Industry:    15 hours ago

Europe’s biggest fund manager Amundi announced the acquisition of German technology company Aixigo for 149 million euros on Thursday.

“Thanks to this new development, we will accelerate the deployment of Amundi Technology’s services to private banks and wealth managers, with a broader, more flexible, more scalable offering,” the French group said.

It expects a return on investment to be nearly 10% after three years and above 12% after four years.

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