Suzuki Motor has agreed to sell its vehicle assembly plant in Rayong, Thailand, to US automaker Ford Motor, according to local reports, as the Japanese automaker looks to reduce costs and streamline its global operations amid intensifying competition from Chinese automakers. The 65,000 sq m plant, located on a 66 hectare plot adjacent to Ford Thailand Manufacturing Company’s (FTM) existing vehicle production facility in the Rayong free trade zone, began operations in 2012 with an annual production capacit ...

Summary of Amundi Capital Markets Day - November 18, 2025 Company Overview - **Company**: Amundi (OTCPK:AMDU.F) - **Event**: 2025 Capital Markets Day - **Date**: November 18, 2025 Key Industry Insights - **ETF Market Growth**: The ETF market in Europe has reached €2,400 billion and is growing three times faster than traditional asset management, driven by rising wealth, growing retirement needs, and digitalization of savings [5][6] - **Amundi's Position**: Amundi has become the number one European ETF provider following the acquisition of Lixor in 2022, with AUM exceeding €300 billion [6][8] Strategic Goals and Financial Targets - **Flow Target**: Amundi aims to achieve €100 billion in net flows by 2028 [2] - **ETF and Indexing Platform Target**: The target for the ETF and indexing platform was set at €420 billion for 2025, which has already been surpassed with €481 billion [8] - **Adjusted EPS Target**: The adjusted EPS target is set to exceed €7 by 2028, with a cost-income ratio below 56% [80][86] Growth Drivers - **Client Segmentation**: Amundi has diversified its client base, with approximately half of AUM from retail clients and the other half from asset owners and asset managers [8][9] - **Digital Channel Growth**: AUM from digital channels has quadrupled, with significant growth in Germany and the UK [9] - **Active ETF Market**: The AUM of Active ETFs in Europe has doubled and is expected to triple by 2029, presenting a lucrative opportunity for Amundi [18] Innovation and Product Development - **New ETF Launches**: Amundi plans to launch around 50 new ETFs over the next three years, focusing on client-centric innovations [17] - **Active ETF Launches**: A total of 20 new active ETFs are planned by 2028, enhancing Amundi's product offerings [20] - **Technology Integration**: Amundi Technology aims to double revenues by 2028, focusing on data management and AI solutions [44][59] Market Trends and Client Needs - **Retail Investor Growth**: The number of self-directed investors in Europe is projected to double in the next three years, with Germany and the UK leading the growth [24] - **Institutional Client Engagement**: Amundi targets a 50% increase in institutional clients equipped with ETF and index solutions over the next three years [29] Financial Management and Shareholder Returns - **Dividend Policy**: Amundi commits to a dividend payout ratio of more than 65% and plans to return excess capital to shareholders through share buybacks [93][95] - **Cost Control**: The company emphasizes maintaining industry-leading cost efficiency while investing in future growth [86][97] Conclusion - **Long-term Vision**: Amundi's "Invest for the Future" strategy aims to drive growth and value creation, reinforcing its position as a leading global asset manager [99]