The French asset manager posted solid results in H1 2022, against the backdrop of a less favourable environment due to rising inflation, weaker markets, and higher risk aversion from customers.

Amundi has reported a net income of €593m in the first half of 2022 – up 8.1% compared to H1 2021. Although net income for the second quarter of 2022 remained high at €269m, it was still down 22.1% year-on-year (YoY), mainly driven by the sharp drop of the financial markets. As of 30 June 2022, assets under management (AuM) in structured products stood at €28 billion, down 20.1% YoY (30 June 2021: €36 billion). Inflows in both H1 and Q2 2022 were negative, at -€2.

Continue reading with a subscription to the SRP market intelligence platform.

Request Demo

Already a subscriber? Login