Amundi: Q1 adjusted net income of E324m

(CercleFinance.com) - Amundi has published its Q1 2022 results, with earnings up 5% relative to Q1 2021.


Amundi's assets under management reached 2,021 billion euros at 31 March 2022, up 15.1% y-o-y, although down 2.1% compared to the end of December 2021.

The quarter was marked by dynamic inflows in MLT assets (+E21bn excluding JVs), particularly in Retail. In JVs, activity was strong (+E8.4bn) - particularly in India and China.

Amundi has reported adjusted net income of 324 million euros, with scope effects (integration of Lyxor from Q1 2022), a significant increase in revenues, maintaining an excellent operating efficiency (cost/income ratio of 50.6%), all in play.


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