Third Quarter 2022 Results
IPS Asset inflows and AuM - 9M22
Unfavourable market environment
Assets under management: €1,175bn at 30.09.22
Change in assets under management 1
•
-3.7% vs. 30.09.21
€bn
Market
•
•
Very unfavourable market performance effect: -€148.4bn
Favourable foreign exchange effect: +€29.6bn
+14.4 effect
Net asset
inflows
Total
+29.6
+3.2
Others
-148.4
Forex
effect
1,175
•
Others: +€3.2bn, positive scope impact at Asset
Management due mainly to the acquisition of Dynamic Credit
Group in the Netherlands and a new partnership in India,
offset by the impact of Wealth Management's sale of a
portfolio in Spain
Net asset inflows: +€14.4bn in 9M22
•
•
•
Wealth Management: very good net asset inflows, driven by
activity in Europe, in particular in France and Germany
Asset Management: net outflows on the back of strong
outflows from money-market funds, offset partly by net
inflows into medium- and long-term vehicles
Insurance: good net asset inflows particularly in unit-linked
products and continued very good gross inflows, particularly
in France
1,277
31.12.21
30.09.22
Assets under management¹ as at 30.09.22
€bn
Insurance:
248
Wealth
Management: 408
Asset Management, including
Real Estate and Principal Investments²: 519
1. Including distributed assets; 2. Assets under management of Real Estate Investment Management: €31bn; assets under management of Principal Investments: €1bn
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 35View entire presentation