Total net inflows in July amounted to €341m, of which €216m gathered by Banca Generali’s Financial Planner network (€1,496m YTD) and €125m gathered by Banca Generali Private Banking (€1,081m YTD).
Despite market tensions due to the political outcome of Greek negotiations, as well as the fluctuations on the Chinese and commodities stock markets, the past few weeks confirmed the
strong growth trend of Banca Generali’s net inflows thanks the versatile products and skilled professionals.
The July result once again highlights the quality of asset management solutions, whose net inflows totalled €347m. BG Stile Libero (€213m in July and 1,648m YTD)
continued to meet with great success during the month. In addition to investing 85% of its underlying assets in funds and Sicavs of leading international management firms, this multi-line
policy offers a combination of segregated accounts and a wide range of insurance coverage.
Demand for direct investments in funds/Sicavs and portfolio management also grew, totalling €70m in net inflows in July and over half a billion euros YTD (€531m).