Azimut’s inflows down to €23.9m in September

Italy’s independent asset manager Azimut attracted €23.9m inflows in September, down from €167.1m in August.

Azimut’s Luxembourg funds AZ Fund 1 and AZ Fund Multi Asset posted €70m inflows, down from €125.5m in August.

At the end of the month, the company had €19.2bn assets under management.

In September, Azimut launched six new sub-funds, within AZ Fund 1: Bond  Target  Dicembre  2016,  Macro  Volatility,  Renminbi  Opportunities  Fixed  Income,  Global  Growth  Selector,   Market  Neutral  and  Global  Macro. 

Since the beginning of 2012, Azimut has appointed 71 financial advisers, and at the end of September it had 1398 advisers in its network.