On Friday, October 27th, Amundi publishes its results for the 3rd quarter of 2023 with an adjusted net income of €290M1.2 up 3% compared to the 3rd quarter of 2022.
This result is explained by a new increase in revenues, notably linked to a good resistance of management fees, and its operational efficiency: Expenses have increased in a more moderate way than revenues, in a context that is nevertheless inflationary.
Assets under management reached €1,973bn as of September 30, 2023, up both on a quarterly and yearly basis.
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1. Net income attributable to the Group
2. Adjusted data: excluding amortization of intangible assets and integration costs of Lyxor in 2022.