Amundi is unveiling a new range of money market funds, Financial Times reports. The company has formed a range of products within a Luxembourg Sicav fund, known as the Amundi Money Market Fund. The Amundi Money Market Fund Short Term (EUR) will be the first sub-fund. The Sicav will be handled by six portfolio managers, adds Citywire. The firm may also roll out a U.S. dollar sub-fund within the next few months and a sterling fund later.

Click here for the story from Financial Times.

Click here for additional coverage from Citywire.