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sset management company, Amundi, has signed on to become the title sponsor of women’s golf major, The Evian Championship.

The partnership will see the tournament renamed The Amundi Evian Championship for at least the next five years.

Amundi’s sponsorship will increase the tournament’s prize purse by USD$400,000 (AUD$525,000) to become USD$4.5 million (AUD$5.9 million) from 2021.

This year’s Amundi Evian Championship is set to take place from July 22 to 25 at the Evian Resort Golf Club in Evian, France.

In a statement, The Evian Championship chairman, Franck Riboud, said: “Our partnership with Amundi strengthens our global ambitions.”

“Today, the fact that Amundi joins us, in such unusual times, once again reaffirms the Major’s appeal.

“It enables us to further develop the tournament’s global strength and improve in all areas in order to provide the players and the international golfing world with a tournament that is unique, and one which has – I believe – proven its ability to endlessly reinvent itself and become a benchmark,” Riboud said.

Amundi CEO, Yves Perrier, added: “We are delighted to become the title sponsor for this great tournament in women’s sport that is The Evian Championship.”

“The tournament’s global reach will benefit Amundi, in particular in Asia, an important region for our company which has made it an essential component for its growth.

“We are committed over the next five years to supporting Europe’s women golfers to enable them to emerge onto the international golf scene. Equal opportunity is indeed one of Amundi’s core values,” Perrier said.