Third Quarter 2022 Results
IPS - Insurance and WAM1
Business activity
30.09.22
30.09.21
€bn
%Var/
30.09.21
30.06.22
%Var/
30.06.22
Assets under management (€bn)
1,175.5
1,220.3
-3.7%
1,197.6
-1.8%
Insurance
248.4
276.8
-10.3%
255.2
-2.6%
Wealth Management
407.7
411.9
-1.0%
411.4
-0.9%
AM+RE+PI
519.3
531.6
-2.3%
531.0
-2.2%
Asset Management
487.8
502.1
-2.9%
499.7
-2.4%
Real Estate Services
30.6
28.9
+6.0%
30.4
+0.7%
Principal Investment
0.9
0.6
+51.7%
0.9
+1.3%
Net asset flows (€bn)
Insurance
Wealth Management
AM+RE+PI
Asset Management
•
Real Estate Services
Principal Investment
3Q22
3Q21
%Var/
3Q21
2Q22
%Var/
2Q22
5.4
12.8
-57.9%
9.0
-40.2%
-0.2
1.4
n.s.
1.7
n.s.
4.2
3.6
+17.8%
6.7
-36.7%
1.4
7.9
-82.6%
0.7
+88.7%
0.8
7.5
-89.6%
0.4
+84.8%
0.6
0.2
n.s.
0.3
+94.2%
0.0
0.1
n.s.
0.0
n.s.
•
Assets under management: - €22bn vs. 30.06.22, including
Market effect: -€31.0bn, very unfavourable due to financial market trends
Net asset inflows: +€5.4bn, very good net asset inflows at Wealth Management; positive net
asset inflows in 3Q22 at Asset Management, driven by medium- and long-term vehicles, partly
offset by net asset outflows from money-market funds
Forex effect: + €12bn, with the depreciation of the euro
1. Wealth Management, Asset Management, Real Estate and Principal Investments
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 74View entire presentation