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Banca Generali doubles February 2015 funding

Banca Generali recorded net inflows of 584 million euros in February, with an increase of 95% compared to the same month last year and also an increase compared to the 530 million in January.

Banca Generali doubles February 2015 funding

Banca Generali scored one net inflows of 584 million euros in February, with an increase of 95% compared to the same month last year and an increase also compared to 530 million in January. In two months - indicates a note - net inflows exceeded 1,1 billion, with a growth of 58% on the first two months of 2015.

In detail, asset management recorded positive net flows of 453 million (from 113 million in January), driven by insurance companies (+496 million after +164 million in January) which more than offset outflows from mutual funds (-37 million after -71 million) and portfolio management (-6 million after +20 million). Non-managed savings closed the month with net inflows of +131 million against +417 million in January.

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