Amundi : Q2 2019 earnings - Continuation of trends
>Half-way through the 2020 plan, inflow lagging behind targets - Q2 2019 represented the third consecutive quarter of outflows. In this context, rates, risk aversion and market uncertainty are raising doubts on the 2018-2020 target for cumulative inflows of more than € 150bn: since 2018 inflows have failed to exceed € 35bn. However, outflows remained concentrated on lower-margined asset classes. As a result, the contribution from shares and alternative asset managemen...Amundi is a holding company. Through its subsidiaries, Co. provides advisory and investment management services. Co. provides savings, financial instruments, equity trading, credit activities, and investment solutions for both private individuals and institutional and corporate clients worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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