Our group

Share ownership

Amundi's shareholders

Data as of 10.04.2017
Note: share in the capital; 201,510,562 shares of 2.5 euros par value

Key Figures

(€m)

20121

2013

20142

20153

S1 - 2016

2016

Net asset management revenue

1 376

1 400

1 490

1 603

838

1 677

  • o/w net fees

1 211

1 238

1 322

1 466

760

1 510

  • o/w performance fees

166

162

170

138

53

115

Net revenue

1 456

1 438

1 538

1 657

838

1 677

Operating expenses 

- 756

- 773

- 805

- 883

- 435

- 878

Cost income ratio (%)

51.9 %

53.8 %

52.3 %

53.3 %

51.9 %

52.3 %

Gross operating income

700

665

732

774

416

800

             

Share of net income of equity-accounted entities

10

16

17

25

13

28

Pre tax income

714

673

745

806

416

828

Net income Group share

486

451

490

519

278

568

Basic earning per share (€)4

2.91

2.7

2.94

3.16

1.66

3.4

Dividend per share with respect to the period (€)

1.6

1.35

1.46

2.05

-

2.20

             

Net equity Group share

5 687

5 816

6 123

6 407

6 288

6 644

Tangible equity Group share

2 637

2 787

3 113

3 297

3 176

3 363

Tangible book value per share (€)

15.8

16.7

18.7

19.8

19.0

20.1

             

Assets Under Management (€bn)5

749

792

878

985

1 004

1 083

  •  Retail

186

184

210

263

268

306.2

  • Institutionals excl. CA & SG insurers

233

267

280

325

327

371.7

  • CA & SG insurers

329

341

387

398

409

404.8

Net inflows (€bn)5

17.6

11.1

32.5

79.9

16.8

62.2

  • Retail

- 6.9

- 3.4

15.9

41.5

10.1

34.7

  • Institutionals excl. CA & SG insurers

10.7

13.4

2.6

33.7

3.3

29.6

  • CA & SG insurers

13,8

1,1

14,0

4,6

3,4

- 2,1

Net fee margin(bps)6

17,2

16,5

16,4

16,1

16,5

16

Excluding CA & SG insurers (bps)6

27.6

26.9

26.9

26

26

25.6

Operating expenses / AuM (bps)

10.7

10.3

10

9.7

9.5

9.3

Headcount (full time equivalent)7

2 866

2 916

2 952

3 030

-

3 068

  • o/w outside France

741

810

856

932

-

966

 

1.  In 2012, net financial income included the gain on the disposal of the stake in HLA (€59.9 million before tax, €58.7 million after tax).

2. Comparative information for the periods ended December 31, 2014 and June 30, 2014 has been adjusted to take account of the retrospective application of IFRIC 21 "Levies", applicable from January 1, 2015.

3. In 2015, Operating expenses include the costs incurrred from Amundi's Initial Public Offering, ie €14.6m before tax / €9.1m after tax (€0.05 per share)

4. Basic earnings per share is identical to diluted earnings per share given the absence of any dilutive instruments.

5. Assets under management of Asian JVs are included at 100% in Group assets under Management and their net inflows at 100% in Group net inflows.

6.  Including performance fees, calculated on average assets under management in basis points (bps), ie 0.1% or 1/10000

7. Consolidated entities, excluding temporary staff

Share capital is split into 167 245 237 shares of whose nominal is 2,5 euros per share 

The governance

  • Yves Perrier, Group CEO, Chairman of the Executive Committee
  • Fathi Jerfel, Head of the Retail Clients Division
  • Dominique Carrel-Billiard, Head of the Institutional and Corporate Clients Division
  • Pascal Blanqué, Group CIO
  • Guillaume Lesage, Head of the Operations, Services and Technology Division
  • Bernard de Wit, Head of the Business Monitoring and Control Division
  • Nicolas Calcoen, Group CFO
  • Valérie Baudson, CEO of CPR AM, Head of ETF, Indexing & Smart Beta

Executive Committee

Discover the composition of the Group’s Executive Committee is as follows at 03/07/2017.

  • Isabelle Seneterre, Head of Human Resources
  • Domenico Aiello, Deputy CFO
  • Pedro Antonio Arias, Head of the Real and Alternative Assets Division
  • Jean-Jacques Barbéris, Co-Head of Institutional Clients Coverage
  • Alain Berry, Head of Communication
  • Laurent Bertiau, Deputy Head of the Institutional and Corporate Clients Division
  • Eric Brard, Head of Fixed Income
  • Matteo Germano, Head of Multi-Asset, CIO for Italy
  • David Harte, Deputy Head of the Operations, Services and Technology Division
  • Lisa Jones, Head of the Americas1
  • Werner Kretschmer, Head of Central and Eastern Europe2
  • Vincent Mortier, Group Deputy CIO
  • Christian Pellis, Head of Third-Party Distributors
  • Cinzia Tagliabue, Deputy Head of the Retail Clients Division, CEO Italy
  • Eric Vandamme, Chief Risk Officer
  • Laurence Laplane, Executive Committee Secretary
     

1United States, Canada and Latin America
2 Austria, Czech Republic, Poland, Hungary and other countries in Eastern Europe
 

Download in PDF Amundi's articles of association, in french and english  as of 04/10/2017.

Download the document

  • Xavier Musca, Head of Board of Directors
  • Yves Perrier, CEO of Amundi
  • Virginie Cayatte1
  • Laurence Danon-Arnaud1
  • Rémi Garuz
  • Laurent Goutard
  • Robert Leblanc1
  • Michel Mathieu
  • Hélène Molinari1
  • Christian Rouchon
  • Andrée Samat
  • Renée Talamona
  • Eric Tazé-Bernard2
  • Jean-Michel Forest, censeur 
  • François Veverka, censeur

Board of Directors

Amundi Board of Directors comprises, as at 31st of December 2016, following 13 Directors:

Work council representatives:

  • Georges Delbrel
  • Valérie Letort
     

1 Independant directors
Director elected by Amundi's employees on the 12th october 2016

Download in PDF Amundi's articles of association, in french and english as of 04/10/2017.

Detailled governance   Amundi's Statuts