Amundi Hits Record €2.3 Trillion in Assets Under Management
Amundi's assets under management surged to a historic €2.3 trillion, driven by sustained inflows across nine months and a robust third quarter. Net inflows reached €67 billion year-to-date, with €15 billion added in Q3 alone. Medium-to-long-term assets contributed €57 billion, reflecting broad-based growth from all major client segments and regions.
Adjusted pre-tax income ROSE 4% year-over-year to €445 million in Q3, fueled by revenue growth and disciplined cost control. The firm's strategic pillars delivered strong results: third-party distribution attracted €21 billion in inflows, Asia contributed €29 billion (including €19 billion from joint ventures), and ETFs gathered €28 billion, cementing Amundi's leadership in Europe.
Notable innovations include a fossil fuel-free money market fund for UK universities and 48% revenue growth in Amundi Technology. The employee savings division saw record €4 billion inflows, maintaining its market-leading position. A new strategic plan will be unveiled on 18 November.