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AirFund expands UK operations with new leadership from Credit Suisse and UBS
AirFund, backed by Amundi SA, has expanded its UK operations by appointing Markus Ruetimann, former head of Credit Suisse’s asset management, as chair and Trevor Hunt, ex-UBS asset management operations head, as CEO. This move aims to broaden its client base beyond continental Europe.
Amundi Pursues Acquisition of Allianz Global Investors Amid Industry Consolidation
Amundi SA is pursuing the acquisition of Allianz Global Investors, the asset management arm of Allianz SE, as part of a broader trend of consolidation in the industry. Discussions between the two companies have been ongoing for several months, with potential deal structures including a full acquisition or a partnership that retains a significant stake for Allianz.
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