Q4 2023 Results
Paris, Wednesday 07 February 2024
On Wednesday 7 February, Amundi published its results for the full year and the fourth quarter of 2023, with adjusted net income for 2023 of €1,224m1,2 up +3.9% vs. 2022.
This high profitability can be explained by a further increase in revenues, thanks in particular to the good performance of our Asian Joint Ventures, net financial income and the resilience of management fees. Costs remained under control in an inflationary environment, enabling operating efficiency to be maintained at the best level of the industry.
Assets under management reached €2,037bn at 31 December 2023, up +7% year-on-year, thanks in particular to strong inflows into treasury products and Asian Join Ventures.
Throughout 2023, Amundi also pursued its development in line with the strategic priorities set out in its medium-term "Ambitions 2025" plan.
1. Net income attributable to the Group
2. Adjusted data: excludes amortisation of intangible assets and integration costs for Lyxor in Q4 and full-year 2022 year
Weekly Market Directions 4th March 2024
(Week 26th February - 1st March)In this edition of Amundi's Weekly Market Directions: Fed in no rush after strong US data Unlike at the end of 2023, global equity and bond markets have diverged since the beginning of 2024. While US economic growth remains strong, the pace of disinflation has become more gradual. This combination of stronger than forecasted growth and inflation has led markets to revise their Fed rate cut expectations. Download the Weekly Market Directions (EN)
Monthly Market Views - March 2024
Monthly Market Views - February 2024