The European champion of asset management recorded an outflow limited to 3.2 billion euros in the first quarter thanks to the dynamism of its joint ventures in Asia. The fall of the markets, however, brought down its outstandings by more than 120 billion.
The coronavirus pandemic has not called into question the dominance ofAmundi on asset management in Europe. The French champion of the sector, a subsidiary of Crédit Agricole, has withstood the tensions on the markets.
The manager posted an outflow of 3.2 billion euros in the first quarter, for outstanding amounts exceeding 1.500 billion at the end of March. “If I had to choose one word to qualify these results, it would be ‘robustness’”, welcomed the boss of Amundi, Yves Perrier, during the presentation of the results.