French asset manager sells €4.5 billion worth of structured products in domestic market
Amundi has reported an accounting net income of €855 million in 2018, an increase of 25.5% compared to 2017 while net asset management revenues, at €2.6 billion, were almost stable (-0.7% versus 2017), despite unfavourable market conditions. In 2018, most listed asset classes trended down and volatility was high, which led to heightened risk aversion in Europe at the end of the year, particular among retail clients, according to the asset manager. ‘When you look at our re
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