US Tech Banks
Amundi’s total exposure to Silicon Valley Bank (SVB), Signature Bank and Silvergate Bank assets was already negligible before SVB’s collapse : 0.003 % of its global assets under management as of the 8th of March.
Paris, Friday 30 October 2020
Corporate
This Friday, October 30, Amundi will publish its results for the first 9 months and the 3rd quarter of 2020. The assets1 managed by Amundi reached €1 662 bn on 30 September 2020, a year-on-year increase of +6.4% and a rise of +4.4% compared to end of June 2020.
Amundi’s results have stayed at a high level and confirm the robustness of its business-model. The impact of lower markets on revenues was offset by reduced operating expenses, which allowed the cost-to-income ratio to be kept low, offering higher profitability.
Consult all our results on our Corporate site
1.Assets & net inflow including Sabadell AM as of T3 2020, including advised and traded assets, including 100% of assets managed and net Asian JV inflows; for Wafa in Morocco, the assets are reported for their QP
Amundi’s total exposure to Silicon Valley Bank (SVB), Signature Bank and Silvergate Bank assets was already negligible before SVB’s collapse : 0.003 % of its global assets under management as of the 8th of March.
In 2022, Amundi did more than resist in a difficult context and continued to develop, thanks to the growth drivers of its Ambitions 2025 plan
Resilient earnings and business activity in an unfavourable market environment