Third-party distribution business : Groupama Asset Management reports net inflow of more than 4.1 billion since the beginning of the year*

Over the first quarter, Groupama Asset Management has confirmed its progress, with continuing growth in assets under management sustained by robust inflow: the net inflow of subscriptions from external customers has exceeded 4.1 billion euros since the beginning of the year (data on 31 July 2019). This dynamic growth has been especially marked for our money-market and fixed-income teams, reflecting a sense of risk-aversion on the part of investors in an uncertain market environment.

The overall assets under management attained 109 billion euros, with almost 26 billion managed on behalf of third-parties (figures on 31 July 2019, as against 99.4 and 20.5 billion respectively on 31 December 2018).

In direct consistency with the aims of the strategic plan of Groupama Asset Management, the sources of these assets under management remain diversified: in geographical terms, international customers represent 8.5 billion euros under management, compared to 17.5 billion from customers in France. In terms of segmentation, 15.3 million euros have been placed with us by institutional investors, 6.9 billion by professionals in distribution and finally 3.7 billion by companies*.

This balanced mix is the fruit of the continuous efforts of Groupama Asset Management to develop its capacities to diversify its business, in particular on the international market and in the third-party distribution segment.

Additionally, the team is pursuing the development of its ESG range, with the launch of new solutions in the coming months.

Groupama Asset Management has 270 employees, located in France, Italy and Spain

 

*Données au 31 juillet 2019

 

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