Amundi SA

AMUN: XPAR (FRA)
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Amundi Earnings: Performance Fees Mask a More Nuanced Picture

Amundi increased its net income for the first quarter by 15% year on year—10% ahead of company‑compiled consensus—driven by an exceptionally strong quarter for performance fees. Client inflows were nearly 3 times higher than expected, even as UniCredit‑related outflows accelerated.

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