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Banca Generali, record net inflows in August

Banca del Leone records positive results in the month of August. The demand for Funds and SICAVs and assets under administration also did well. CEO Gian Maria Mossa commented: ""Geo-political tensions and volatility on exchange rates saw our professionals alongside customers in August with customized managed solutions capable of protecting investments."

Banca Generali, record net inflows in August

 Encouraging results also in the month of August for Banca Generali, which achieved net inflows of 470 million euro. The positive performance thus brings the balance since the beginning of the year to 4,77 billion euro, even 25% more than in the same period last year. 

Banca del Leone's new inflows mainly concerned asset management solutions which closed the month with 406 million euro, bringing the total since January to 4,26 billion euro (+66%). 

Satisfied Gian Maria Mossa, the young CEO of Banca Generali: "The over 50% growth in funding compared to the same month last year, which had been a record year, and the strong managed component confirm the bank's path to excellence which makes us very confident about the months to come”.

Among the investment solutions used, the "container" ones (which combine funds and management) recorded flows of 276 million in both the financial and insurance modules in August, 3,3 billion euro since the beginning of the year. Container solutions are thus confirmed as the preferred investment choice by customers due to the flexibility and diversification they offer.

Demand for funds and SiCavs was also positive with 105 million euros in August, 1,2 billion since the beginning of the year.  

The continuous acquisition of new customers was the driving force for assets under administration (64 million in August, 511 million since the beginning of the year). 

 

 

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