A strong growth in net income and high net inflows in the second quarter of 2024

We achieved very good performance in the second quarter of 2024, both in terms of activity, with net inflows of over +€15bn, and financial income, with net income that grew by +9.4% compared to the same period in 2023.

Since the beginning of the year, the momentum of inflows has been particularly significant with our Third-Party distributor clients as well as in Asia. The breadth of our offering has been a major asset to meet the different needs of our clients, whether through our active management solutions, in particular fixed income, our structured products, or our passive management funds.

Our assets under management reached a new all-time high, at €2,156bn at end-June 2024.

1 Net income Group share
2 Adjusted data: excluding the amortisation of intangible assets and other non-cash charges relating to the acquisition of Alpha Associates, recorded under net financial income