Our group

Key Figures

(€m)

20121

2013

20142

20153

2016

20177

20188

20198

Net asset management revenue

1,376

1,400

1,490

1,603

1,677

2,625

2,606

2,663

  • o/w net fees

1,211

1,238

1,322

1,466

1,625

2,445

2,491

2,493

  • o/w performance fees

166

162

170

138

1,510

180

115

171

Net revenue

1,456

1,438

1,538

1,657

1,677

2,722

2,582

2,707

Operating expenses 

-756

-773

-805

-883

-878

-1,428

-1,331

-1,377

Cost income ratio (%)

51.9%

53.8%

52.3%

53.3%

52.3%

52.4%

51.5%

50.9%

Gross operating income

700

665

732

774

800

1,295

1,251

1,331

                 

Share of net income of equity-accounted entities

10

16

17

25

28

33

50

46

Net income Group share

486

451

490

519

568

918

946

1,009

Basic earning per share (€)4

2.91

2.7

2.94

3.16

3.4

4.6

4.69

4.69

Dividend per share with respect to the period (€)

1.6

1.35

1.46

2.05

2.20

2.50

2.90

3.10

                 

Net equity Group share

5,687

5,816

6,123

6,407

6,644

8,203

8,528

8,500

Tangible equity Group share

2,637

2,787

3,113

3,297

3,363

1,906

2,288

2,703

                 

Assets Under Management (€bn)5

749

792

878

985

1,083

1,426

1,425

1,653

  •  Retail

186

184

210

263

306.2

524

532

666

  • Institutionals excl. CA & SG insurers

233

267

280

325

371.7

483

476

522

  • CA & SG insurers

329

341

387

398

404.8

419

417

465

Net inflows (€bn)5

17.6

11.1

32.5

79.9

62.2

70.6

42

108

  • Retail

-6.9

-3.4

15.9

41.5

34.7

49.6

30.7

89.3

  • Institutionals excl. CA & SG insurers

10.7

13.4

2.6

33.7

29.6

18.7

11.7

0.9

  • CA & SG insurers

13.8

1.1

14.0

4.6

-2.1

2.3

-0.3

17.6

Net fee margin(bps)6

17,2

16,5

16,4

16,1

16

19.1

18.8

18.4

 

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 with a par value of 2.5 euros until August 1, 2018, and 201,704,354 shares since then.

Share ownership

Data as of 12.31.2019

The governance

  • Xavier Musca, Chairman of the Board of Directors
  • Yves Perrier, CEO of Amundi and Director
  • Henri Buecher
  • Virginie Cayatte1
  • Laurence Danon-Arnaud1
  • Michèle Guibert
  • William Kadouch-Chassaing
  • Robert Leblanc1
  • Michel Mathieu
  • Hélène Molinari1
  • Christian Rouchon
  • Andrée Samat
  • Eric Tazé-Bernard2
  • Jean-Michel Forest, censeur 
  • Gianni Franco Papa, censeur

Board of Directors

Discover the composition of Amundi’s Board of Directors as of July 30th, 2020 

Work council representatives:

  • Georges Delbrel

 

1 Independent director
Director elected by Amundi's employees on 18th April 2019

Download in PDF Amundi's articles of association, in French and English as of 12th May 2020, and the detailled governance (in French) as of 31st December 2019.

Detailled governance (in French)    Amundi's Statuts   Rule of Procedure (in French) 

  • Yves Perrier, Group CEO, Chairman of the Executive Committee
  • Bernard De Wit, Head of the Business Support and Control Division
  • Fathi Jerfel, Head of the Retail Clients Division
  • Pascal Blanqué, Chief Investment Officer
  • Dominique Carrel-Billiard, Head of the Institutional and Corporate Clients Division
  • Valérie Baudson, CEO of CPR AM and of the ETF, Indexing and Smart Beta Business Line
  • Guillaume Lesage, Head of the Operations, Services and Technology Division
  • Vincent Mortier, Deputy Chief Investment Officer
  • Nicolas Calcoen, Head of Finance, Strategy and Public Affairs
  • Jean-Jacques Barbéris, Head of Institutional and Corporate Clients Coverage
  • Isabelle Senéterre, Head of Human Resources
  • Cinzia Tagliabue, Deputy Head of the Retail Clients Division, CEO Italy
  • Matteo Germano, Head of Multi-Asset and CIO Italy

General Management Committee

Discover the composition of the Group’s General Management Committee as of 1st of May 2019

  • Yves Perrier, CEO
  • Bernard De Wit, Head of the Support and Control Division
  • Fathi Jerfel, Head of the Retail Clients Division
  • Pascal Blanqué, Chief Investment Officer
  • Dominique Carrel-Billiard, Head of the Institutional and Corporate Clients Division
  • Valérie Baudson, CEO of CPR AM and of the ETF, Indexing and Smart Beta Business Line
  • Guillaume Lesage, Head of the Operations, Services and Technology Division
  • Vincent Mortier, Deputy Chief Investment Officer
  • Nicolas Calcoen, Head of Finance, Strategy and Public Affairs
  • Jean-Jacques Barbéris, Head of Institutional and Corporate Clients Coverage
  • Isabelle Senéterre, Head of Human Resources

Executive Committee

Discover the composition of the Group’s Executive Committee as of 1st of May 2019

  • Cinzia Tagliabue, Deputy Head of the Retail Clients Division, CEO Italy
  • 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
  • Fannie Wurtz, Head of the ETF, Indexing and Smart Beta Business Line
  • Lisa Jones, Head of the Americas 
  • Éric Vandamme, Chief Risk Officer
  • Christian Pellis, Head of Third-Party Distribution
  • Pascal Duval, Head of Retail Solutions
  • Laurent Bertiau, Head of Japan
  • Werner Kretschmer, Head of Austria and Eastern Europe
  • Domenico Aiello, Chief Financial Officer
  • Julien Fontaine, Head of Partnerships
  • David Harte, Head of Ireland and Deputy Head of the Operations, Services and Technology Division
  • Stanislas Pottier, Chief Responsible Investment Officer
  • 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