Amundi’s performance boosted by cap prot issuance

Amundi’s net income reached €320m (US$37m) in Q2 2023, up 19% year-on-year (YoY). In a quarter marked by a risk-averse environment, the European asset management market recorded weak inflows, especially in medium/long-term assets (MLT), with outflows in active management. Against this backdrop, Amundi generated positive inflows of €2.2 billion in MLT and €2.4 billion in treasury products, in the retail and institutional segments. To give you three examples of significant