Last month Azimuth registered one positive net inflows into assets under management of 367 million euro, of which over 290 million on the segments of the Luxembourg funds AZ Fund 1 and AZ Fund Multi Asset. The result in the first five months of the year therefore exceeds 1,4 billion. Total assets including assets under administration reached 21,5 billion, of which 19,3 billion refer to assets under management, up 10,5% from the beginning of the year.
“We are very satisfied with the excellent result in May which confirms the positive growth trend of recent months – commented Pietro Giuliani, president and CEO of the group – the result of the strong dynamism, high skills and proven quality of all our professionals. An important result which is also reflected in the relevant per capita income and confirms the validity of our business model".
At the beginning of the afternoon, the Azimut stock travels around parity in Piazza Affari.
