While managers of European funds experience difficulties with attracting new clients, Amundi SA continues increasing volumes of assets under management, Bloomberg reports.

The largest fund in the region received 2,6 billion new money compared with 2,9 billion outflows a year earlier.

It meant that Amundi broke the tendency among European funds that observe money outflows. Assets’ owners pulled about 23 billion from funds during two months ending in June.

Target value of new inflow of investors’ money for Amundi is at least 50 billion euro per year through 2020. Fund manages assets amounting to 1,47 trillion euro.

Net income grew in the second quarter by 12,2% to 252 million euro compared with the last year .