Amundi Technology wins EUR23bn mandate

Rail & OV, the Dutch rail and public transport pension fund, has signed an agreement with Amundi to deploy its ALTO investment platform. Rail & OV will leverage the platform to manage direct assets and consolidate delegated assets representing approximately EUR23bn (USD25bn) AuM. In a fully integrated model, Rail & OV will be serviced by Amundi for middle-office functionalities and will benefit from the services of key third party partners, including BNY Mellon, with whom Amundi Technology has a strategic partnership.

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