Amundi Posts Surprise Inflows as Europeans Bring Funds Home

(Bloomberg) – Amundi sa, surprising analysts foreseen a reversal, said he could accelerate the rest of 2025.

According to data compiled by Bloomberg, the net entries in the second quarter were € 20 billion ($ 23.2 billion) in the second quarter. The Paris -based company said that earnings are directed by corporate investors and Asian customers and that the demand is strong for the stock market investment funds.

Valerie Baudson, the general manager of the largest European asset manager, said that the company continues to see the entrances from the United States, where investors responded to geopolitical tensions and President Donald Trump’s tariff battles.

In a conference meeting with journalists, Baudson said, “Most of the new flows we have seen in recent months came from European customers who decided to return to the European currency they have previously invested in another place,” Baudson said.

On Sunday, the EU and the United States made an agreement that will see 15% tariffs in most of Bloc’s exports to the United States and prevent a trade war between the largest two in the world.

Ba The fact that an agreement has been reached, eliminates some of the uncertainty in the markets, Ba said Baudson, and added that the economic impact of the tariff agreement should be “modest” for European economic growth. “I believe that all these agreements will have a major inflationary effect in the US and considering the current geopolitical and economic context, I believe that all our customers will continue to diversify the portfolios.”

Assets under the administration rose to 2.27 trillion €. Amundi said that high entrances were met with a negative currency effect due to the decrease in the US dollar and the Indian ruup.

In the second quarter, the corrected net income fell to the previous year and the analysts decreased to 334 million €, decreasing 4.5%. The company has declined to an extraordinary tax contribution of € 9 million in the second quarter in its country. Earlier this year, France contributed an extraordinary and temporary corporate tax to the profit of large companies to help reduce the budget deficit.

Amundi’s second quarter cost income rate was 52.7% and in 2025, it met less than 53% target.

The asset management company controlled by the French lent Credit Agricole SA is expected to offer a three -year strategic plan towards the end of this year.

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