Amundi reports 32 billion euro inflows in first quarter
Amundi reported 32 billion euros in net inflows for the first quarter, beating analyst forecasts. The firm remains cautious due to war-related economic risks.
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Amundi recorded €32B ($37.5B) in net inflows during the first quarter, its strongest performance in four years. The result beat analyst forecasts of €12.8B as investors moved capital into exchange-traded funds (ETFs) and bond products. This surge shows how geopolitical volatility involving Iran is driving asset allocation toward passive and fixed-income hedges.
### ETF Demand Drives Assets to Record Levels Amundi reported assets under management rose 7% year-over-year to €2.40T by the end of March. This total exceeded the €2.37T consensus estimate provided by analysts.
