Azimut posted total net inflows €236m in August

Total assets under management stood at €19.5bn and including assets under administration reached €21.7bn.

Azimut Holding posted total net inflows of €236m in August, €150m of which came from Luxembourg funds AZ Fund 1 and AZ Fund Multi Asset, bringing the total amount YTD to €1.9bn.

Pietro Giuliani, Azimut’s chairman and CEO, commented: “We closed August with yet another extraordinary result (€236m), reaching eleven consecutive months with inflows above €100m.

“This positive trend is sustained by the strong enthusiasm, high level of experience as well as expertise of our professionals, both on the asset management and distribution side.”

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