Reuters reveals UniCredit signs asset management accord with Azimut
Reuters shed light on how UniCredit has struck a deal with asset manager Azimut Holdings in a move that paves […] The post Reuters reveals UniCredit signs asset management accord with Azimut appeared first on Reuters News Agency.
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Reuters shed light on how UniCredit has struck a deal with asset manager Azimut Holdings in a move that paves the way for the Italian bank to return to fund management a decade after it pulled away from the business. Under the accord, Azimut will set up a company in Ireland. UniCredit can acquire control of the company in five years at the latest. Azimut is expected to keep a minority stake.
The post Reuters reveals UniCredit signs asset management accord with Azimut appeared first on Reuters News Agency.
