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Azimut: net inflows at 175 million, shares soar

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In March, Azimut's net inflows were positive for 175 million euros, which rise to 744 million considering the entire first quarter – Stock market flies.

Azimut: net inflows at 175 million, shares soar

Azimut's net inflows in March it was positive for 175 million euro, of which 157 million in asset management. This was communicated by the company itself in a note, in which it specifies that total funding for the first quarter amounted to 744 million. Total assets including assets under administration also grew, which increased by 5,4% from the beginning of the year and reached 20,6 billion euro, of which 18,4 billion refer to assets under management.

These results gave wings to the stock of the financial group led by Pietro Giuliani, which in the afternoon gained 4,25% on the Stock Exchange, at 12,5 euros per share, making it one of the best stocks on the Ftse Mib. 

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