(Alliance News) - One figure encapsulates the ongoing repositioning in asset management, intertwined with the banking sector's consolidation: EUR16 billion. This is the amount of outflows recorded by Amundi in 2025 under its distribution agreement with UniCredit, as reported by La Repubblica on Wednesday.

This figure coexists with an overall solid picture for the French group, which at the end of 2025 brought its assets under management to a record high of EUR2.380 trillion, supported by net inflows of EUR87.6 billion, including EUR21.7 billion in the retail segment, despite outflows from UniCredit networks amounting to EUR16 billion during the year, the newspaper explains.

The relationship between the two institutions appears set for a redefinition, with UniCredit CEO Andrea Orcel showing little inclination to renew the contract set to expire in 2027 with the group controlled by Crédit Agricole. Among the post-agreement options are Generali, or a temporary strengthening of UniCredit's internal fund platform, which has exceeded EUR30 billion in assets.

The sector's dynamism is further confirmed by statements from Intesa Sanpaolo CEO Carlo Messina regarding possible acquisitions of advisory networks, signaling an asset management segment poised for growth.

By Claudia Cavaliere, Alliance News reporter

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