After Amundi became the first buy-side member of LCH’s credit default swap (CDS) clearing house in March, will this encourage other asset managers to follow suit? Writes Sarfraz Thind.
Amundi also raised concerns about potential conflicts of interest created from the trade repository fee scheme.
Amundi confirms it will purchase UniCredit’s Pioneer Investments for €3.5 billion.
Traders thought to have been planning to set up their own asset manager.