Inflows into Crédit Agricole's specialised and fixed income funds drove assets at Crédit Agricole's fund management businesses up to €538bn ($690bn) during the third quarter, 29% up on the same period last year.

The vast majority of the French bank's funds are with Crédit Agricole Asset Management, which manages €522.2bn, with the balance at institutional and local government finance specialist BFT Asset Management.