Jean-François Abadie

Our record-level assets under management of €2,116bn and high net inflows of €17bn demonstrate the trust clients placed in us at the end of Q1 2024. These numbers also show that Amundi has had an intense start of the year with both commercial momentum and development initiatives in line with our strategic plan. We were indeed able to combine organic and external growth. ➡️This quarter our net #inflows were very balanced across the main client segments, expertise and geographies. This demonstrates the good positioning of our range of solutions, which has allowed us to respond effectively to the needs of our clients. ➡️This activity is also reflected in our profitability: the net #income, up +6% year-on-year, reached €318m, driven by the increase of our net management fees and by controlling our costs. ➡️Eventually, our commitment to expanding our offering led us to finalizing the acquisition of Alpha Associates ahead of schedule, and enhancing our multi-management capabilities in private debt, infrastructures, and private equity. We've also inked a strategic partnership with Victory Capital, paving the way to strengthen our #US asset management expertise and our presence in the US. Thanks again to our clients for your trust and to our teams who have once again proven their commitment.

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Many thanks to Allnews.ch for sharing our insights on NextGen’s rising demand for personalization and innovation. How can we meet the evolving investment expectations of the next generation ? What key elements should private banks highlight in their value proposition ? #NextGen #WealthManagement

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💡 𝗣𝗿𝗼𝗳𝗶𝘁-𝗧𝗮𝗸𝗶𝗻𝗴 𝗶𝗻 𝗧𝗲𝗰𝗵: 𝗔 𝗦𝗵𝗶𝗳𝘁 𝗶𝗻 𝗙𝗼𝗰𝘂𝘀 𝗮𝗻𝗱 𝗡𝗲𝘄 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 💻 Since mid-July 2024, tech stocks, after significant outperformance driven by AI, have experienced logical profit-taking. Investors will now be more demanding regarding the real impact of AI on companies' results.

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Exciting news from JPMorgan Chase & Co. at the Choose France Summit! I’m thrilled to have attended the #ChooseFrance Summit organised by the French national development agency Business France in Versailles today. Building on the momentum from our previous announcements with Bpifrance we are now proud to unveil the new milestones of the #Spark Bpifrance Funds aiming to finance funds in favor of diverse private investment firms or having a positive societal impact. JPMorgan Chase is committing up to $50 million to this initiative. Also delighted to share that 4 major French groups confirmed their commitment to a potential investment in this fund-of-funds initiative, targeting gender parity in the private equity investment firm ecosystem: LVMH , Ardian, BNP Paribas Cardif and FDJ - La Française des Jeux. That’s why with the CEO of Bpifrance Nicolas Dufourcq, we invited the representatives of these first 4 investors to the Choose France Summit, in the presence of French President Emmanuel Macron and our Chairman and CEO Jamie Dimon. With a target size of €150 to €200 million by the end of 2024 and managed by Bpifrance in close partnership with J.P. Morgan Asset Management, we’re excited about the impact of this collaborative effort. To know more (press release in French) 👉https://shorturl.at/avIST Thanks to Frédéric Arnault, Dominique Senequier, Stéphane Pallez and Jean-Laurent Bonnafé for their contribution. #GenderEquality #CorporateResponsibility #EconomicInclusion #AssetManagement #PrivateEquity

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🌍 BANGK embraces the transformation that blockchain and decentralized finance are bringing to the banking world. Beyond transparency and autonomy, BANGK also focuses on preserving the planet. 🔄 Sustainable finance is at the core of BANGK’s mission. Every transaction should not only be secure and fast but also environmentally responsible. An ideal made possible thanks to the #Solana blockchain. 💚 Investing responsibly is key to the future. Through the tokenization of real-world assets, BANGK will provide users with the opportunity to invest in sustainable ventures like renewable energy and eco-conscious startups. 🚀 It’s not just about financial freedom—it’s about building a better, greener future for all. 🌱 What’s your view on merging technology with sustainability? #BlockchainForGood #EthicalBanking #SustainableFinance #Blockchain #CryptoRevolution #BANGK #DeFi

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Download our latest report: Hybrid Funds in 2024 Hybrid funds are an innovative development in the cross-border funds industry that are intended to allow a wider range of investors to access private markets. As traditional fund managers continue to build their private-markets businesses, it is anticipated that more and more hybrid funds will come to market. Hybrid funds have an important role to play not only in allowing a wider range of investors to access private markets, but also in providing finance to ‘grassroots’ companies in the EU and UK and, therefore, boosting economies. But do fund managers consider these structures too complex? How do firms feel about the risk of misaligning liquidity risks? Will investors expect a deeper level of transparency than private capital has traditionally offered and can fund managers provide it? How do they view the challenge of valuing these funds? And is there a role for hybrid funds in ESG portfolios?   In this survey Funds Europe, in partnership with fund administrator CACEIS, seeks to identify how successful these funds will be at financing the UK and European economies by gaining insight into the appetite among fund managers for creating and distributing hybrid funds.

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Today I was honored to share my convictions at the #BNPParibasWealthManagement Credit seminar in Tournus_Burgundy_France. * Starting with our Strengths, I conveyed the following 4 convictions: 1. Our Entrepreneurs & Families Clients franchise : Credit is the number 1 Growth driver and Net New cash generation lever. Our ability to structure bespoke credit solutions is a key competitive edge 2. Our Group : the #BNPParibas Group is extremely solid, as evidenced by our rating and our Q12024 results, in particular 3. Our recently selected 9 initiatives to grow credit : they are very accurate and a differentiating factor to serve our clients 4. Our people : our credit teams across the world are highly skilled experts. * Following with our Challenges and how to turn them into opportunities, I shared the following thoughts : 1. Technology, data driven clients strategy should be reinforced 2. Developing a holistic approach with our clients, from assets to liabilities, clients solutions-driven, is a must 3. Raising the level of efficiency of our internal decision-making processes is warranted 4. Last but not least, we should pioneer with innovative ESG features

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5 Key Points to Understand the Convertible Bond Market. A focus from Aymeric de Tappie, Head of Convertible Research at EthiFinance in BSMART. A Convertible Bond is a Bond. 1) The Risk is Similar to Traditional Bondholders and the convertible twist is an option to convert into stock. The option to convert into shares of the underlying company's stock can provide investors with the potential for capital gains. But convertible bonds are still debt securities. 2) The Child of Mr. Bond and Ms. Option. Sensitive to his father, Credit and Interest Rate. Sensitive to his mother, Stock price, Volatility and Dividends. 3) A Proven Track Record over the Long Run. "An annualized performance close to that of the stock market with a third to half the volatility". Yes, 2008 was painful, and the post Covid period until 2022 was exceptional but "One swallow does not make a summer". 4) Benefits for Issuers. Low interest rate cost, no or light covenants, no necessity of official ratings, few hours from the launch to the close of the book building. 5) Benefits for Investors. The "Proven Track Record over the Long Run", structural diversification, "lower solvency ratios", high diversification across the fund managers. Watch the full interview (in french) 👉 https://lnkd.in/eehYV9hU #EthiFinance #ESG #SustainableFinance

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🐝 Finance & biodiversity are definitely interconnected Listed impact investing has a crucial role to play in attracting capital to companies committed to biodiversity. 💡 More than 50% of global GDP depends on biodiversity. Given the convergence of these challenges, all sectors of the economy need to embark on the path of transition. Innovative players and daring impact investors are seizing this central challenge, like #LFDE. As a pioneer of listed impact investing in France, we support European companies that contribute to carbon neutrality and the preservation of biodiversity. 🌳 Read our analysis here below in French

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🔍 Our expert, Claude Hirtzig, head of retail banking at Spuerkeess, discusses the pros and cons of having accounts at different banks. Advantages include access to varied services tailored to your needs and a lower risk if one bank faces difficulties. However, managing multiple accounts can be time-consuming and expensive due to maintenance and transaction fees. For more insights, check out the full article on [your] Luxembourg! #FinanceTips #Banking #AskTheExpert

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CACEIS obtains Digital Asset Provider status across Europe. The company has also received Virtual Asset Provider (VSAP) status in both Spain and Luxembourg https://lnkd.in/e7QvC38E #fundadmin #Custody

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A ne pas manquer cette semaine : notre webinar sur un thème clé, à un moment clé...! Prenez contact rapidement ! Re-Exane your investment analysis ! A "live" sample of our sector expertises for this key theme - do not miss it !

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🚀 Revolution in the financial sector: telephony and IT supervision, the new pillars of innovation! 📰 Discover the latest tribune fromAntony Derbès, President ofOpen Lake Technology on the crucial importance of telephony and IT supervision in the financial sector. 📞 Antony Derbès explains how the transition to IP telephony solutions has revolutionized communications in financial institutions, offering better call quality and seamless integration with IT systems. But with these benefits come security and quality of service management challenges. 🛡️ In an increasingly complex environment threatened by cyber-attacks, proactive supervision is essential. Antony Derbès explores how advanced technologies like AI and machine learning play a key role in detecting anomalies and protecting sensitive data. 🔗 Telephony and IT supervision can no longer be separated. Harmonious integration of these two areas ensures efficient and secure management of financial operations, improving service quality and protecting against cyber threats. 💡 To navigate an increasingly connected and regulated financial world, institutions must invest in robust, integrated technologies. Open Lake Technology is committed to providing innovative solutions to meet these challenges and guarantee the security and continuity of their customers' operations. 👇 Feel free to read the full article on Planet Fintech! #innovation #technology #finance #supervision #IT #telephony #cyber https://lnkd.in/e4wj7MkT

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CACEIS experts are ready to share their expertise at the Luxembourg Blockchain Week from today! An opportunity to discover concrete solutions on blockchain, tokenisation, regulation and fund distribution. #AssetManagement #DigitalAssets #Blockchain #LBW24

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𝗪𝗲'𝘃𝗲 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗱 𝗿𝗲𝗰𝗼𝗿𝗱 𝗿𝗮𝗻𝗸𝗶𝗻𝗴𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝘂𝗿𝘃𝗲𝘆𝘀. The annual survey report published by independent fund industry research company, Monterey Insight, revealed that CACEIS now ranks among the Top-3 asset servicing groups in Luxembourg. 👏 Our ceaseless pursuit of a growth strategy has seen CACEIS become one of the top providers across the following key areas of expertise: - Transfer Agency - Fund Administration - Custody and Depositary We are also a leading service provider for private market funds across the same categories, achieving the following rankings: - No. 1 Private Market Fund Custodian/Depositary 🥇 - No. 3 Private Market Fund Administrator 🥉 - No. 3 Private Market Fund Transfer Agent 🥉 Clearly, our company strategy is paying off and we are on the right track to achieve our objective of becoming the European leader in asset servicing by 2030. #AssetServicing #FundManagement #PrivateAssets

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At the very heart of the BNP Paribas Group's raison d'être is its ambition to be a leading player in the movement towards a more sustainable economy. In facing the climate crisis, banks have a major role to play by redirecting financing from the most carbon-intensive energy producers to those creating green energy. How will we continue to do so? Through supporting a multitude of actors and innovations that foster both low-carbon energy and the reduction of CO₂ emissions, driven by a clear purpose: financing a carbon neutral economy in 2050.

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Successful IPO for LightOn, leading european player in generative AI for corporates! First generative AI company to be listed in France! PARADIGM is a turnkey software platform with embedded RAG and AGENTS solutions that has already been adopted by some corporates (Safran, Groupama) and public organisations (Région Ile de France, french army, etc). 2 global distribution partnerships signed with Orange Business and Hewlett Packard Enterprise. Funds raised will enable the company to step up its sales momentum, strengthen its teams and invest in R&D. Portzamparc Groupe BNP Paribas acted as sole global coordinator, bookrunner and listing sponsor. ✅ Capital increase of €11.9M after exercise of the extension clause and could be increased to €13.5M (full exercise of over-allotment option). ✅ Global demand of €15.2M, oversubscription 1.5x ✅ Demand from retail investors at €8.9M ✅ Market cap of €62M (before exercise of the over-allotment option). => trading to start on Tuesday, November 26th!

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