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Amundi reveals ambitious plans for Poland
09 April 2014
Opens an asset management subsidiary in Warsaw
Amundi has opened a subsidiary in Poland as part of an
ambitious plan to have a major foothold in the local asset
The new division, called Amundi Polska, will focus on
prioritising the customers of its shareholders' banking
networks, Crédit Agricole Polska and Eurobank.
The firm aims to reach €1bn in AuM and a market share of
more than 3% of retail funds by 2016.
Eric Bramoullé, CEO of Amundi Polska, said: "We will
capitalise on Amundi's strengths that have made its success -
the professionalism of our teams, proximity to clients and the
quality of our products.
"Therefore, our sales teams will be based regionally in order
to be close to the networks. We are developing a simple,
straightforward product range consisting of five
locally-domiciled funds which focus on clients' needs."
The team of five experienced multi-specialist investment
managers will be led by Ludmila Falak.