Very good results in Q2 2021 in a highly favourable market context Strong inflows1 in MLT assets2 (+€22bn)3 Results in Q2 - Net asset management revenues up +9.0% vs. Q1 2021, driven in particular by exceptionally high performance fees (€155m)
- cost/income ratio of 45.7%4 (~50% excluding exceptional level of performance fees5)
- Adjusted net income4 of €345m (+11.9% vs. Q1 2021 and +48.3% vs. Q2 2020)
- Net accounting income6 of €448m including a one-off tax gain of €114m7
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Business activity in Q2 - High inflows1 of +€21.7bn in MLT assets2-3 driven by active management (+€18.9bn3) and by all customer segments
- Seasonal outflows in treasury products3: -€17.0bn3
- Total net inflows of +€7.2bn
- AuM1 of €1,794bn at 30/06/2021, up +12.7% year-on-year (+2.2% for the quarter)
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Lyxor - Acquisition8 master agreement signed on 11 June, ahead of schedule
- Preparation for Lyxor's integration advancing at the expected pace
- Completion planned for the end of 2021
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