Italy’s Azimut posts €142m net inflows in January
Italy’s asset manager Azimut has posted €142m net inflows in January, the firm said today.
The group currently has €19.9bn assets under administration, of which €17.8bn under management.
At the end of January, Azimut launched a new Luxembourg based fund, Bond Target Equity Options 2016. The fund is actively managed and investment decisions are made according to market conditions.
“Following the good results we posted in 2012, 2013 has started with positive data and this confirms we started the year with a lot of activity,” said Pietro Giuliani (pictured), chairman and chief executive of the group.