Amundi records €17.6 billion Q3 net inflows on ETFs and Asia-joint ventures

Europe’s largest asset manager Amundi reported net new money of around €15.1 billion (≈ $17.6 billion) for the third quarter, surpassing analyst expectations of €14.4 billion. The inflows were driven by sustained demand for passive and ETF products, particularly from its Asian joint-venture platforms. The firm emphasised widening its footprint in Asia and diversifying into alternative strategies to lock in revenue streams amid fee pressure in Europe. Management said client appetite remains robust despite macro uncertainties and inflation risks.