Amundi posts €954bn AUM
Amundi’s assets under management have stood at €954bn for the first half of 2015, up 14.4% yoy and 8.7% since the beginning of the year, its parent company Crédit Agricole has announced.
Net new inflows have amounted to €46.6bn during the first six months of the year, of which €22.6bn have been recorded in Q2 2015.
Half of the inflows recorded in H1 2015 came from outside France, mainly Europe and Asia.
The firm also stressed that more than half of it have been invested into long-term assets (€27.6bn), mainly bonds, diversified and ETF instruments. The remaining €19bn went into cash.
Amundi said that the retail customer segment was “particularly buoyant” with €24.7bn of net new inflows, confirming then “the positive trend from the French networks.”
Markets and currency effects have had a positive impact of €24.6bn during H1 2015, contributing to Amundi’s AUM rise.
Amundi’s net income has amounted to €144m for Q2 2015 and its net income group share has reached €113m.
“Its contribution amounted to €211m for the first half of 2015, a year-on-year increase of 28.1%,” Crédit Agricole added.
Amundi’s revenues have increased by 13.4% on a year-on-year basis in Q2 2015 and by 15.2% in the first six months of 2015, “driven by growth in assets under management coupled with good margins.”