Amundi is a subsidiary jointly created by Société Générale

Société Générale

Société Générale S.A. is a large European Bank and a major Financial Services company that has a substantial global presence. Its registered office is on Boulevard Haussmann in the 9th arrondissement of Paris, while its head office is in the Tours Société Générale in the business district of La...

 and Crédit Agricole

Crédit Agricole

Crédit Agricole S.A. is the largest retail banking group in France, second largest in Europe and the eighth largest in the world by Tier 1 capital according to The Banker magazine. It is also part of the CAC 40 stock market index....

 to regroup their activities of asset management

Investment management

Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...

. It was created in January 2010.

As such it is the French leader of asset management.

Amundi is owned 75% by Crédit Agricole S.A. and 25% by Société Générale and owns the totality of the activities of the CAAM group (Crédit Agricole Asset Management) to which Société Générale brings its own asset management activities, including 20% of TCW Group

TCW Group

The TCW Group is an investment management company that offers various equity, fixed income, and alternative strategies to and individual investors. The group operates as a subsidiary of SG Gestion....

 and Etoile Gestion.