Banca Generali closed the month of August with net inflows of 315 million, stable compared to the 314 million of July, but an improvement compared to the 241 million of August 2018. The result of the last month brings the total since the beginning of the year to 3,5 .XNUMX billion.
"Flows in the month were up on the same period last year and on the consistent levels of the previous month, confirming the quality in the mix of products that reflect customers' search for protection and low volatility", reads a group note.
As far as managed products are concerned, the new LUX IM1 SICAV increased by 129 million in funding for a total of 1,4 billion since the beginning of the year, while among the administered savings products, the new issues of certificates and securitisations raised 56 million in the month for a total of 684 million since January.
Current account deposits increased significantly (168 million) driven by the acquisition of new customers.
