The first quarter was marked by inflows at the highest level at +€32 bn and net income¹ up +15%² year on year.

 

Dynamic activity across all segments

Net inflows3 were driven by ETF & index solutions, active management and private assets.

This performance also benefited from a strong contribution from Retail, CA & SG insurers and institutional clients. Assets under management3 rose by 7% year-on-year, reaching €2,398bn at the end of March.

 

Strong revenue and profit growth

Net income1 and earnings per share increased by 15%2 in the first quarter of 2026 compared with first quarter of 2025. This reflects 10% revenue growth over the same period2, driven by activity-related revenues, as well as cost controlled in the first quarter.

 

Successful strategic implementation

The quarter was marked by commercial successes across all client segments and by the launch of the PensionNEXT retirement platform in Italy.

Digital distribution recorded €2bn of net inflows, notably supported by a new pan-European partnership with Bitpanda. Momentum also continued in ETFs, active management, private markets, responsible investment and Amundi Technology.

 


  1. Adjusted data: see p. 9 of the Press Release.
  2. Pro forma: the historical series have been restated on a comparable scope basis.
  3. Assets under management and net inflows including advised and marketed assets and funds of funds, including 100% of the net inflows and assets under management of Asian JVs; for Wafa Gestion in Morocco and the distribution to Victory Capital’s US clients, assets under management and net inflows are included for Amundi's share in the capital of both entities.