In June General Bank achieved net inflows of 354 million euro, of which 147 from the Banca Generali network and 207 from Banca Generali Private Banking. This was communicated by the institute in a note, emphasizing that the net balance since the beginning of the year thus reaches 2,23 billion.
Furthermore, Banca Generali specifies that since the beginning of the year, network funding has come to 1.280 million and that from private banking to 956 million.
Last month alone, managed savings recorded net inflows of 266 million, after the 301 million in May, while unmanaged assets brought in net flows of 88 million, after the 134 million of the previous month.
“The result – writes the Bank – reflects the great demand for financial advice from savers, in a moment of growing volatility and destabilization of the markets. The figure takes on even more importance if we consider how it is entirely accrued from direct deposits of Banca Generali consultants and private bankers without the contribution of institutional masses or coming directly from the online world”.
In addition, "the tensions on price lists accentuate the need for investment diversification".
