Amundi Completes Acquisition of Lyxor Asset Management from Societe Generale

Amundi Asset Management (Amundi), Europe’s largest asset manager by assets under management, has announced the closing of the the acquisition of Lyxor Asset Management (Lyxor) which is European asset management specialist, for a total cash consideration of € 825 million.

According to the official press release, all the necessary regulatory and competition authorisations have been obtained. And the transaction has been completed two months ahead of schedule.

Established in 1998, Lyxor is one of the key players in the ETF market in Europe as well as a specialized active investment solutions provider and an expert in fund selection, offering its institutional clients dynamic portfolio management within a robust risk and cost management framework. Besides, the company is convinced that asset managers have a key role to play in channelling investment and savings flows towards a low-carbon economy, which is in line with Amundi’s corporate vision.

Founded in 2010, Amundi ranks in the top 10 globally with six main investment hubs in key international financial centres and offices in more than 30 countries, and serves more than 100 million retail, institutional and corporate clients worldwide.