Report
Benoit Valleaux ...
  • Steven Gould

Amundi : Strong Q4 performance, the business model proved very resilient in 2022

>Small increase in assets under management in Q4 2022, driven by net inflows - Amundi released its Q4 2022 net income yesterday morning. Assets under management totalled € 1,904bn at end-2022, up 0.5% over Q4 (and down 7.8% y-o-y), lower than expected (consensus € 1,924bn, our forecast € 1,933bn), despite better net inflows. The gap compared to forecasts is due to an impact of market and forex variations that was more unfavourable than expected, mainly at the JV level...
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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