Annual and fourth-quarter 2018 results
Paris, Wednesday 13 February 2019
On Wednesday, 13 February, Amundi is releasing its annual and fourth-quarter 2018 results: high annual net inflows, a sharp improvement in results and a successful integration of Pioneer that led to a higher amount of synergies. The dividend submitted to the General Meeting also saw an increase.
Inflows remained high in 2018 (+€42bn), driven mainly by medium/long-term assets and Retail.
At the same time, given the negative market effect (-€43bn) concentrated at the end of the year, assets under management reached €1,425bn at 31 December 2018, stable over 12 months.
These strong results demonstrate the soundness of Amundi's business model.
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Economic crisis and political risk batter Argentina. Way out or opportunity?
Argentina’s economic situation: The economy is facing severe stagflation. Monetary and fiscal policy are extremely tight, consumer and investor confidence is low, and inflation is proving very sticky amidst wage indexation.
Asset Class Return Forecasts - Q2 - 2019
Our medium-term baseline scenario is that of a late business cycle slowdown followed by a probable mild economic recession in the next three to five years.