The region accounted for 33% of total inflows, which is slightly higher than Europe (ex-France) (32%).
The inflows increased total assets in Asia 15.9% to €177bn ($217.35bn) this year compared to €153bn the previous year.
In Asia-Pacific, the firm has an on-the-ground presence in Australia, Japan, Taiwan, Hong Kong, Malaysia, Thailand and Singapore, according to the firm’s website. It also holds a 33.33% stake in Shanghai-based ABC-CA Fund Management, a joint venture with the Agricultural Bank of China, which holds 51.67% of the firm, and Chinalco Capital Holdings (15% stake).
Global inflows
The firm noted that the increase of its AUM globally was driven not just by inflows but includes €242.9bn in assets from Pioneer Investments. Amundi completed its acquisition of Pioneer during the first half of last year.
In the next two years, the firm plans to accelerate its development in the institutional segment in all geographic areas, according to the annual results report.
“Amundi seeks on one hand to increase its penetration rate on all geographic areas (Europe, Asia, and the US), and on the other hand to increase its marketshare leveraging its broad range of expertise, notably in US equities and emerging markets assets.”
Institutional investor assets account for 64% of the firm’s total AUM. However, Amundi had higher year-on-year inflows from retail investors globally in 2017, driven by its international networks and joint ventures and third-party distributors.
In terms of product inflows, the firm saw positive flows across all asset classes, with diversified funds attracting the majority of inflows. At the end of 2017, bond funds accounted for nearly half of the firm’s total assets.
