We performed very well in the third quarter of 2024, both in terms of financial results, with adjusted net income1,2 up +16.1% on the same period in 2023, and in terms of business, with inflows of almost €+14.4bn, excluding the withdrawal of a large institutional mandate3.
We have been able to support our customers, whatever their profile and needs, and this has resulted in a high level of inflows in our strategic development areas of Asia, Third-Party Distributors and ETFs.
Our assets under management reached a new all-time high of €2,192 billion at 30 September 2024.
1 Net income Group share.
2 Adjusted data: excluding amortization of intangible assets relating to distribution and client contracts as well as other non-cash charges relating to the acquisition of Alpha Associates recorded in net financial income.
3 As announced at the time of the publication of the Q2 results, exit in Q3 from a large low-income mandate (€11.6 billion) with a European insurer, in multi-asset; including this exit, net inflows were positive by +€2.9bn in Q3 and +€35bn over 9 months.