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Amundi: current net income up over 50%.

(CercleFinance.com) - Asset management group Amundi has published current net income group share of 217 million euros for Q3 2017, up 55% y-o-y.

The combined net inflow amounted to +31.2 billion euros with a high net retail inflow (+13.1 billion euros) and a sustained net inflow from the institutional and corporates segment (+18 billion euros).

Believing that Pioneer's integration process is proceeding as planned, Amundi has confirmed the potential for value creation and the phasing of synergies whose amounts have already been announced: around 10% of synergies should be generated in 2017, with 100% in 2020.

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