Amundi’s AUM Grows By 31.6% in 2 Years
Posted on 04/17/2019
Amundi grew its assets under management by 31.6% from December 2016 to December 2018. Amundi is trying to augment its smart beta and exchange-traded funds business. The asset manager hired Clarisse Djabbari as head of strategy and development for exchange-traded funds, indexing and smart beta. This is a new role. Clarisse Djabbari will report to Fannie Wurtz, managing director of Amundi’s ETF and smart beta business. Amundi made gains in AUM in 2017, but 2018 proved to be a lackluster year for the manager in terms of business growth.
In the fourth quarter of 2018, Amundi’s stated net income was €125 million, a decrease of -11.5% in relation to the fourth quarter of 2017. Furthermore, Amundi’s underlying net income was €139 million, down -17.9% compared to the fourth quarter of 2017.
| Period | Amundi – Total Assets Under Management – EUR |
|---|---|
| December 2018 | 1,425,100,000,000 |
| September 2018 | 1,475,200,000,000 |
| June 2018 | 1,466,400,000,000 |
| March 2018 | 1,452,400,000,000 |
| December 2017 | 1,426,200,000,000 |
| September 2017 | 1,400,000,000,000 |
| June 2017 | 1,121,400,000,000 |
| March 2017 | 1,127,700,000,000 |
| December 2016 | 1,082,700,000,000 |
Source: Credit Agricole