Core messages Asset Management 1Q 2026






Assets under management (AUM)-driven revenues grow by 11 percent (F/X adjusted)







Operating profit increases by 15 percent (F/X adjusted)







Record first quarter net inflows of 45 billion euros









In 1Q 2026, operating revenues increased to 2.2 billion euros, an internal growth of 12.7 percent. This was supported by higher AuM-driven revenues, which advanced by 11.1 percent (F/X adjusted), as well as by higher performance fees.

Operating profit was strong at 857 (1Q 2025: 811) million euros, up 5.8 percent. Adjusted for foreign currency translation effects, operating profit increased by 15.0 percent. The cost-income rati
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