Banca Generali keeps the flows coming

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Italy’s Banca Generali, the country’s largest group per AUM, posted total net inflows of €406m in January, €252m came from its network of advisers and €154m from Banca Generali Private Banking.

January’s inflows marked an 80% increase year-on-year, the company’s report also highlighted.

Government bond, however, returned at historical lows — in some cases even negative — and growing market volatility are heightening the investors’ needs for expert investment advisory services, thus creating a highly favourable context for Banca Generali’s professionals.

Managed products instead continued to generate great interest, posting €222m net sales.

BG Stile Libero, the bank’s multi-asset offer, proved successful again (€108m), as did mutual funds and managed portfolio products (€67m), which showed highly positive results in the previous year.

The growing number of new clients attracted by the bank’s product range and services is also highlighted by the €254m increase in current accounts in January, which is instrumental to the year-start investment planning and portfolio diversification process, Banca Generali said.

 

Milan

InvestmentEurope is delighted to announce the Fund Selector Bond Focus Italy to be held on 5 March in Milan

Click here for further details: http://www.internationalinvestment.net/event/fund-selector-bond-focus-italy-2015/

 

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