Report
Benoit Valleaux ...
  • Steven Gould

Amundi : Lower net income forecast for Q4, but medium-term outlook still positive

>Higher AuM expected in Q4 - Amundi is due to report its Q4 2022 earnings on 8 February. We forecast total AuM of € 1,933bn at end-2022 (vs a consensus of € 1,924bn), down 6.4% vs end-2021, but up 2.0% on end-September (vs +1.5%e for the consensus). We expect a return to positive net inflows in Q4 of € 6.4bn (after € 12.9bn of net outflows in Q3), although it is likely to benefit particularly from net inflows on treasury products. The consensus sees net inflows of € ...
Underlying
Amundi SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Steven Gould

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