Amundi : Start of 2021 encouraging for the coming quarters
>Conclusion – Potential confirmed - The Q1 2021 results confirm our Outperform rating:The volume and profile of the inflows are a positive signal for future revenues.The resilience of the margin is a positive signal in the face of an expected downward trend.The upside potential remains at around 20%, i.e. one of the highest in our coverage.Inflows – Retail revival confirmed - The retail networks (excluding JVs) collected € 7.4bn in Q1 2...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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