Primonial posts €1.64bn net inflows for H1 2016

French group Primonial has reported net inflows of €1.64bn for the first half of 2016.

As of 30 June 2016, the group managed or advised €13.1bn in assets .

Primonial has drawn €1.52bn in gross inflows from retail clients during the first half of 2016, up 40% yoy while gross inflows of institutional investors have accounted for €334m against €316m in June 2015.

The Primonial’s asset management business, Primonial Investment Managers (gathering Stamina AM, Roche-Brune AM and AltaRocca AM), posted inflows of €188m for the first six months of 2016.

Retail inflows have accounted for €110m of which €52m have been into the fixed income fund Alta Rocca Rendement 2022 and institutional inflows for €78m.

Primonial REIM, the group’s real estate arm, has reported inflows of €763m in six months, including €425m in French real estate vehicles SCPIs.

Lastly, Primonial’s structured products activity has drawn €58m for the first half of the year.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

Close Window
View the Magazine

You need to fill all required fields!