Amundi Pursues Acquisition of Allianz Global Investors; Goldman Sachs Plans IPO with eToro

Amundi is reportedly in discussions to acquire control of Allianz Global Investors, as the French asset management firm seeks to expand amid ongoing industry consolidation. This potential acquisition aligns with Amundi's strategy to enhance its market position in the asset management sector. In related news, trading platform eToro is collaborating with Goldman Sachs to prepare for a potential initial public offering (IPO) in the United States. Additionally, Generali is aiming to finalize a preliminary agreement with Natixis within the next eight weeks to merge their asset management operations. Goldman Sachs is also exploring strategic alternatives for its ETF Accelerator platform, which assists clients in launching their own exchange-traded funds (ETFs), although this potential sale would not affect its broader asset management business.