Our group

Key Figures

(€m)

20121

2013

20142

20153

2016

20177

20188

20198

20208

Net asset management revenue

1,376

1,400

1,490

1,603

1,677

2,625

2,606

2,663

2,634

  • o/w net fees

1,211

1,238

1,322

1,466

1,625

2,445

2,491

2,493

2,434

  • o/w performance fees

166

162

170

138

1,510

180

115

171

200

Net revenue

1,456

1,438

1,538

1,657

1,677

2,722

2,582

2,707

2,595

Operating expenses 

-756

-773

-805

-883

-878

-1,428

-1,331

-1,377

-1,341

Cost income ratio (%)

51.9%

53.8%

52.3%

53.3%

52.3%

52.4%

51.5%

50.9%

51.7%

Gross operating income

700

665

732

774

800

1,295

1,251

1,331

1,255

                   

Share of net income of equity-accounted entities

10

16

17

25

28

33

50

46

66

Net income Group share

486

451

490

519

568

918

946

1,009

962

Basic earning per share (€)4

2.91

2.7

2.94

3.16

3.4

4.6

4.69

4.69

4.76

Dividend per share with respect to the period (€)

1.6

1.35

1.46

2.05

2.20

2.50

2.90

3.10

2.90

                   

Net equity Group share

5,687

5,816

6,123

6,407

6,644

8,203

8,528

8,500

9,695

Tangible equity Group share

2,637

2,787

3,113

3,297

3,363

1,906

2,288

2,703

3,236

                   

Assets Under Management (€bn)5

749

792

878

985

1,083

1,426

1,425

1,653

1,729

  •  Retail

186

184

210

263

306.2

524

532

666

688

  • Institutionals excl. CA & SG insurers

233

267

280

325

371.7

483

476

522

577

  • CA & SG insurers

329

341

387

398

404.8

419

417

465

464

Net inflows (€bn)5

17.6

11.1

32.5

79.9

62.2

70.6

42

108

45

  • Retail

-6.9

-3.4

15.9

41.5

34.7

49.6

30.7

89.3

17.1

  • Institutionals excl. CA & SG insurers

10.7

13.4

2.6

33.7

29.6

18.7

11.7

0.9

36.3

  • CA & SG insurers

13.8

1.1

14.0

4.6

-2.1

2.3

-0.3

17.6

-8.2

Net fee margin(bps)6

17,2

16,5

16,4

16,1

16

19.1

18.8

18.4

17.4

 

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 07.29.2021

The governance

  • Yves Perrier, Chairman of the Board of Directors
  • Valérie Baudson, CEO
  • Xavier Musca
  • Patrice Gentié
  • Virginie Cayatte1
  • Laurence Danon-Arnaud1
  • Christine Gandon
  • Michèle Guibert
  • William Kadouch-Chassaing
  • Robert Leblanc1
  • Michel Mathieu
  • Hélène Molinari1
  • Christian Rouchon
  • Estelle Menard2
  • Jean-Michel Forest, censeur

Board of Directors

Discover the composition of Amundi’s Board of Directors as of July 29th, 2021

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 29th July 2021, and the detailled governance (in French) as of 31st December 2020.

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

  • Valérie Baudson, Group CEO
  • Bernard De Wit, Head of the Support and Control Division
  • Fathi Jerfel, Head of Partner Networks Division 
  • Fannie Wurtz, Head of Passive Asset Management and the Distribution and Private Banking Division
  • Pascal Blanqué, Chief Investment Officer
  • Dominique Carrel-Billiard, Head of Real and Alternative Assets
  • Guillaume Lesage, Head of the Operations, Services and Technology Division
  • Nicolas Calcoen, Head of Finance, Strategy and Public Affairs
  • Jean-Jacques Barbéris, Head of Institutional and Corporate Clients Division
  • Isabelle Senéterre, Head of Human Resources
  • Vincent Mortier, Deputy Chief Investment Officer
  • Cinzia Tagliabue, Deputy Head of Partner Networks Division, CEO of Amundi Italy
  • Matteo Germano, Head of Multi-Asset and CIO Italy
  • Eric Vandamme, Chief Risk Officer 

General Management Committee

Discover the composition of the Group’s General Management Committee as of 10th of May 2021

  • Valérie Baudson, Group CEO
  • Bernard De Wit, Head of the Support and Control Division
  • Fathi Jerfel, Head of Partner Networks Division
  • Fannie Wurtz, Head of Passive Asset Management and the Distribution and Private Banking Division
  • Pascal Blanqué, Chief Investment Officer
  • Dominique Carrel-Billiard, Head of Real and Alternative Assets
  • Guillaume Lesage, Head of the Operations, Services and Technology Division
  • Nicolas Calcoen, Head of Finance, Strategy and Public Affairs
  • Jean-Jacques Barbéris, Head of Institutional and Corporate Clients Division
  • Isabelle Senéterre, Head of Human Resources
  • Vincent Mortier, Deputy Chief Investment Officer
  • Cinzia Tagliabue, Deputy Head of Partner Networks Division, CEO of Amundi Italy
  • Matteo Germano, Head of Multi-Asset and CIO Italy
  • Eric Vandamme, Chief Risk Officer

Executive Committee

Discover the composition of the Group’s Executive Committee as of 10th of May 2021

  • Eric Brard, Head of Fixed Income
  • Elodie Laugel, Chief Responsible Officer, Head of Institutional Marketing
  • Thierry Ancona, Head of Sales, Third Party Distributors & Wealth
  • Christophe Coquema, Head of Retail Marketing
  • Alain Berry, Head of Communication
  • Laurent Bertiau, Head of Japan
  • Julien Fontaine, Head of JVs and Partnerships
  • Xiaofeng Zhong, Chairman of Amundi Greater China
  • Lisa Jones, Head of Americas
  • Domenico Aiello, Chief Financial Officer
  • David Harte, Deputy Head of the Operations, Services and Technology Division, Head of Ireland
  • Catherine Chabrel, Head of Compliance
  • Dorothée Pirel, Head of Internal Audit