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