Amundi: First half and second quarter 2025 results

  • Amundi: First half and second quarter 2025 results Record inflows of +€52bn in the first half of the year Inflows already at full year 2024 level   Assets under management 1 at an all-time high of €2.27tn at end-June 2025, +5% June/June despite the negative forex effect Net inflows +€52bn in H1, of which +€20bn in Q2 +€48bn in medium-to-long-term assets 2 (MLT) in H1 Record half-year net inflows for Institutionals: +€31bn       Growth in profit before tax   First half 2025: profit before tax 3 , 4 €895m, up +4% H1/H14: Driven by revenue growth (+5%) Cost control, with a cost-income ratio at 52.5%3       Continued success on strategic pillars   Partnership with Victory Capital finalised on 1 April Strong H1 inflows in strategic priorities: Third-party distribution +€13bn, of which 40% with digital players Asia +€22bn, of which +€13bn in JVs and +€8bn in direct distribution ETFs +€19bn, with success in European strategies and innovation Responsible investment: wins of key institutional mandates Amundi Technology: revenues up +48% H1/H1, strong organic growth and integration of aixigo Fund Channel: €613bn in assets under distribution, Ambitions 2025 target achieved Paris, 29 July 2025 Amundi's Board of Directors met on 28 July 2025 under the chairmanship of Olivier Gavalda, and approved the financial statements for the first half of 2025. Valérie Baudson, Chief Executive Officer, said: "With net inflows of +€52bn, Amundi's performance in the first half of the year was equivalent to the whole of 2024.