Azimut Group posted €262m in April
The Azimut Group recorded total inflows of €262m in April 2014, €140m of which came from Luxembourg funds AZ Fund 1 and AZ Fund Multi Asset.
Total AUM stood at €23bn and, including assets under administration, it reached €25.8bn.
Pietro Giuliani (pictured), Azimut’s Chairman and CEO, commented: “We are very proud of the extraordinary results achieved in just four months of activity by rewarding the quality and the daily commitment of our portfolio managers and financial partners in creating value for our clients.
“Interest rates close to zero and the requirement to have a healthy geographical diversification may give the client an “optical illusion” of a lower performance.”
InvestmentEurope is delighted to announce the Pension Fund Forum Switzerland, to be held on 15 May, 2014 in Zurich