2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
21st December 2015, 04:31 PM
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Re: Amundi State Bank Of India

Hello sir I want to know about Amundi State Bank of India so here can you please give me details?
  #3  
21st December 2015, 04:31 PM
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Join Date: Apr 2013
Re: Amundi State Bank Of India

Hey as State Bank of India is an Indian multinational, Public Sector banking and financial services company.

Amundi State Bank of India

SBI Funds Management Pvt. Ltd. is a joint venture between 'The State Bank of India' one of India's largest banking enterprises, and AMUNDI, one of the world's leading fund management companies.

The resultant entity under the name of Amundi is an asset management company which is owned 75% by Credit Agricole and 25% by Societe Generale.

Amundi, through a wholly owned subsidiary known as Amundi India Holding, will acquire Societe Generale’s 37% stake amounting to 18.5 lakh shares in the company.

Amundi has €690.5 billion (Rs44 lakh crore) of assets under management.
Fifty percent of the holdings are in bonds, 17% in money market funds, 15% in equities, and the remaining in alternative, absolute return, structured and diversified asset classes.


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