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New business pushes ABN to €176bn

ABN Amro Asset Management said today that assets under management rose 10% to €176.2bn ($210bn) last year thanks to buoyant stock markets and new mandates.

The Dutch fund manager added €3bn in the three months to December, with contributions from its subsidiaries Banque de Neuflize and Banque Odier Bungener Courvoisier in France, and Artemis in the UK.

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