In May, Banca Generali created one net inflows of 603 million euros (474 million in April), with a year-to-date balance of 2,7 billion. The strong volatility of the last few weeks - explains the institute in a note - has pushed the demand for consultancy, bringing new customers closer to the bank's solutions. THE May volumes they are in fact results the highest since the beginning of the year.
Also in May, the masses under contract for advanced consultancy they rose by 195 million euros, exceeding 2,1 billion since January. The Chief Executive Officer, Gian Maria Mossa, said he was optimistic about Banca Generali's ability to “continue to outpace its reference market. In a difficult month marked by speculations that go beyond the country's economic fundamentals and its businesses, we recorded the best funding figure of the year. Our focus on asset protection and experience in managing complex situations sees us at the forefront, with the contribution of the entire bank, alongside families. The excellence of our private consultants and the versatility of our offer guarantee concrete answers to diversification and protection needs. In a context characterized by persistent volatility, we continue to see signs of strength for our business: first of all, the consistency of funding flows, then the growth of assets under advanced advisory services, and the positive reception of the new Sicav. This mix of elements reinforces confidence in our ability to continue to grow above the reference market".
