These 2 companies are 2 of the largest European asset management firms by AUM.
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DWS (Xtrackers) is No.2 Europe’s ETF provider (BlackRock/iShares is No.1)
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Amundi (5th largest Europe’s ETF provider) announced it will buy Lyxor ETF (3rd largest Europe’s ETF provider), making Amundi the No.2 in Europe’s top 10 ETF providers.
If we add the Mutual Funds and ETFs, Amundi is already the No.2 in the Europe’s top 10 asset managers by AUM. Known US ETFs and Mutual Funds providers, like Vanguard or SPDR lag behind the European Asset Management Firms.
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