Banca Generali registered in May net inflows of 669 million euros, which brings the balance since the beginning of the year to a new maximum for the period of 3,2 billion (+34% compared to the same period last year).
Even more positive is the data on managed collection which for the second time this year exceeds 700 million (701 million euros to be exact) in one month with a balance sheet since January of 2,8 billion (+95% on an annual basis) which is equivalent to 88% of total new flows. In the spotlight are the "container" solutions, financial and insurance, which thanks to the characteristics of customization and protection that distinguish them continue to attract the attention of demand. In May, premium income stood at 476 million, tripling the volumes recorded last year in five months (2.296 million since the beginning of the year).
Lastly, it should be noted that the contribution of consultancy in portfolio diversification favored an acceleration in the collection of Funds and SICAVs, amounting to 253 million in the month (839 million since the beginning of the year).
The data just published pleases the investors of Piazza Affari. Less than an hour after the closing, the stock gained 1,27% against a substantial parity of the FtseMib.
The Chief Executive Officer, Gian Maria Mossa, he commented: “Another very satisfying month that captures the first part of the year where the role of the professional and the focus on quality are protagonists in the choices of savers. The strong flows towards managed products respond to the logic of enhancing and protecting the portfolio in a climate of prudence on rates and political uncertainty in the global balance. The ability to dialogue with customers in an innovative way on issues that are not only financial, but property in the broadest sense, further enhances the experience of our consultancy. We are very positive for the coming months”.
