Comment & Analysis
Why Amundi is downgrading €45bn worth of Article 9 funds
Amundi will reclassify the majority of its Article 9 funds as Article 8 by the end of this year, affecting approximately 100 products worth €45bn (£38.7bn), half of which are open-ended funds. The decision, first reported by Bloomberg, is part of a broader reclassification wave sweeping the European asset management…
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