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Asset Management

Amundi boosted by record inflows in third quarter

A surge in cash-management funds (though not in China) buoys French funds giant

Amundi, Europe’s largest listed asset manager, had net inflows of €42.7bn between June and September — marking a record quarter for the Paris-based company.

The bumper inflows contributed to a rise in assets under management of more than 5%, with the company now overseeing €1.6tn.

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