Our group

Key Figures

(€m)

20121

2013

20142

20153

2016

20177

20188

Net asset management revenue

1,376

1,400

1,490

1,603

1,677

2,625

2,606

  • o/w net fees

1,211

1,238

1,322

1,466

1,625

2,445

2,491

  • o/w performance fees

166

162

170

138

1,510

180

115

Net revenue

1,456

1,438

1,538

1,657

1,677

2,722

2,582

Operating expenses 

-756

-773

-805

-883

-878

-1,428

-1,331

Cost income ratio (%)

51.9 %

53.8 %

52.3 %

53.3 %

52.3 %

52.4 %

51.5%

Gross operating income

700

665

732

774

800

1,295

1,251

               

Share of net income of equity-accounted entities

10

16

17

25

28

33

50

Net income Group share

486

451

490

519

568

918

946

Basic earning per share (€)4

2.91

2.7

2.94

3.16

3.4

4.6

4.69

Dividend per share with respect to the period (€)

1.6

1.35

1.46

2.05

2.20

2.50

2.90

               

Net equity Group share

5,687

5,816

6,123

6,407

6,644

8,203

8,528

Tangible equity Group share

2,637

2,787

3,113

3,297

3,363

1,906

2,288

               

Assets Under Management (€bn)5

749

792

878

985

1,083

1,426

1,425

  •  Retail

186

184

210

263

306.2

524

532

  • Institutionals excl. CA & SG insurers

233

267

280

325

371.7

483

476

  • CA & SG insurers

329

341

387

398

404.8

419

417

Net inflows (€bn)5

17.6

11.1

32.5

79.9

62.2

70.6

42

  • Retail

-6.9

-3.4

15.9

41.5

34.7

49.6

30.7

  • Institutionals excl. CA & SG insurers

10.7

13.4

2.6

33.7

29.6

18.7

11.7

  • CA & SG insurers

13.8

1.1

14.0

4.6

-2.1

2.3

-0.3

Net fee margin(bps)6

17,2

16,5

16,4

16,1

16

19.1

18.8

 

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. Combined data: 12 months Amundi + 12 months Pioneer. Excluding integration costs and amortisation of distribution contracts. 

8. Excluding integration costs and amortisation of distribution contracts.

  

In 2018: 201,510,562 shares of 2.5 euros par value until the 1st August 2018 and 201,704,354 shares since.

Share ownership

Data as of 12.31.2018

The governance

  • Yves Perrier, Group CEO, Chairman of the Executive Committee
  • Fathi Jerfel, Head of the Retail Clients Division
  • Pascal Blanqué, Chief Investment Officer
  • Dominique Carrel-Billiard, Head of the Institutional and Corporate Clients Division
  • Bernard De Wit, Head of the Business Support and Control Division
  • Guillaume Lesage, Head of the Operations, Services and Technology Division
  • Valérie Baudson, CEO of CPR AM and Head of ETF, Indexing and Smart Beta
  • Nicolas Calcoen, Chief Financial Officer
  • Isabelle Senéterre, Head of Human Resources

Executive Committee

Discover the composition of the Group’s Executive Committee is as follows at 02/01/2019

  • Stanislas Pottier, Chief Responsible Investment Officer
  • Vincent Mortier, Deputy Chief Investment Officer
  • Matteo Germano, Head of Multi-Asset and CIO Italy
  • Éric Brard, Head of Fixed Income
  • Pedro Antonio Arias, Head of the Alternative and Real Assets Business Line
  • Éric Vandamme, Chief Risk Officer
  • Lisa Jones, Head of the Americas (USA, Canada, Latin America)
  • Jean-Jacques Barbéris, Co-Head of Institutional Clients
  • Cinzia Tagliabue, Deputy Head of the Retail Clients Division, CEO Italy
  • Pascal Duval, Head of Retail Solutions
  • Laurent Bertiau, Head of Japan
  • Christian Pellis, Head of Third Party Distibution
  • Werner Kretschmer, Head of Austria, Central and Eastern Europe
  • Julien Fontaine, Head of Partnerships
  • Domenico Aiello, Deputy Chief Financial Officer
  • David Harte, Head of Ireland
  • Alain Berry, Head of Communication

 

Download in PDF Amundi's articles of association, in french and english  as of 1st of August 2018.

Download the document

  • Xavier Musca, Chairman of the Board of Directors
  • Yves Perrier, CEO of Amundi
  • Virginie Cayatte1
  • Laurence Danon-Arnaud1
  • Rémi Garuz
  • William Kadouch-Chassaing
  • 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 1st of February 2019, 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 1st of August 2018, and the detailled governance (in French) as of 31st December 2017.

Detailled governance   Amundi's Statuts   Rule of Procedure