- Amundi’s half and the second quarter of 2017
Amundi’s half and the second quarter of 2017
Friday 28 July 2017
This Friday July, 28th, Amundi publishes strong results in the first half and the second quarter of 2017. These net inflows trends are higher than the target announced at the IPO.
Amundi’s assets under management amounted to €1,121bn at 30 June 20171, reflecting excellent business activity (net inflows of +€28.8bn in H1 2017) and a positive market effect (+€9.5bn) owing to favourable market conditions, especially in equities.
Amundi’s assets under management exceeding €1,342 billion including Pioneer Investments 2.
The Group’s share of net income was up 10,9% from the first half of 2016 amounted to €308m
Discover all the results and Nicolas Calcoen’s, Chief Financial Officer, comments on:
1 Assets under management and inflows include assets under advisory and assets sold and take into account 100% of assets under management and inflows on the Asian JVs. For Wafa in Morocco, assets are reported on a proportional consolidation basis.
2 Data combined prior to harmonisation of accounting methods for AuM
3 Excluding costs associated with the integration of Pioneer Investments amounting to €32m before tax and €21m after tax in H1 2017.