Amundi Investor Presentation
Net revenue¹ down vs. Q3 2019, but up vs. Q2 2020
Q3/Q3 change
(in €m)
Net asset management revenue
o/w net management fees
o/w performance fees
Q3 2020
Q2 2020
Q3 2019
(%)
631
608
656
-3.9%
601
573
631
-4.8%
30
34
25
+18.7%
Financial income (net financial income and other net income)
(1)
17
1
NS
Total net revenue¹ (Єm)
630
625
657
-4.1%
Net management fees:
- down Q3/Q3, in light of the decline in average market levels (CAC 40 down 10% Q3/Q3) and of the evolution of the
product/client mix, in line with previous quarters
up Q3/Q2 thanks to the integration of Sabadell AM and higher market averages (+7% for the average CAC 40 Q3/Q2)
Good level of performance fees maintained
1. Excluding amortisation of distribution contracts.
27 Amundi Investor presentation | November 2020
Amundi
CRÉDIT AGRICOLE GROUPView entire presentation