Amundi welcomes Victory Capital's strategic acquisition of First Eagle

On August 26, 2026, Amundi expressed its support for Victory Capital's acquisition of First Eagle Investments for approximately $7 billion. This strategic agreement aims to create a diversified global asset manager with $571 billion in assets under management. As a long-standing partner of both entities, Amundi is exploring opportunities for developing its distribution partnerships.

Amundi holds a 27% stake in Victory Capital and will remain its largest shareholder after the transaction. Amundi expects a positive impact on its earnings per share due to cost synergies of approximately $280 million, once the integration is fully completed.