Amundi has reported net inflows of €13.7bn for the third quarter of 2023 across all client segments.
The French asset manager said in its Q3 2023 results today (27 October) that the high inflows were largely generated by its passive management wing, with €7.8bn from medium/long-term assets. ETFs brought in €3.6bn while treasury products attracted €3.5bn, proving especially popular among the retail segment (€2.7bn), which it attributed to investors' increased aversion to risk and the attractiveness of yields "at the short end of the yield curve". Amundi rebrands MSCI USA ETF following Article 8 classification Assets under management as of the end of September 2023 stood at €1.9trn,...
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