Amundi : Slight increase in net income expected in Q4
>Rise in assets under management in Q4 - Amundi will publish its Q4 2023 net income on 7 February. We expect total assets under management of € 2,036bn at end-2023 (vs consensus € 2,017bn), up 3.2% vs end-September last (and up 6.9% versus end-2022). We notably expect positive net inflows of € 16.6bn in Q4 2023 (after € 13.7bn in Q3 2023), with € 13.8bn excluding JVs (vs consensus € 11.0bn). In particular we anticipate positive net inflows of € 2.7bn in retail ex JVs ...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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