Amundi SA (AMUN.PA)
17 Aug 2018
LONDON A selloff in European shares extended on Thursday with Germany's DAX taking the brunt of anxieties over trade tensions, while results from industrial group Siemens disappointed but Europe's biggest asset manager, Amundi, impressed the market. | Video
* Q2 net profit up 14 pct to 234 mln euros (Adds share price detail)
PARIS, Aug 2 Amundi, Europe's biggest asset manager, reported higher second quarter profits as it benefited from new client money going into its main funds.
May 29 Asset manager Amundi said on Tuesday it appointed Stanislas Pottier as chief responsible investment officer.
LONDON World markets have "limited capacity" to absorb higher interest rates, asset manager Amundi said on Wednesday, warning that a 3.5 percent yield on 10-year U.S. Treasuries risked another market correction.