ANIMA HOLDING SPA PRESS RELEASE
ANIMA Holding: February 2024 net inflows
- Net inflows (ex Class I insurance mandates): -€286 million
- Total AuM at the end of the month over €191 billion
"We keep registering very good flows especially from retail customers and from alternative investments" commented Alessandro Melzi d'Eril, CEO of ANIMA Holding. "This result is once again overshadowed by outflows from funds underlying other Anima funds; we trust that this trend, which has very little economic relevance anyway, is on the verge of diminishing"
Milan, March 6th, 2024
Net inflows recorded by ANIMA Group in the month of February amounted to -€286 million (ex class I insurance mandates).
To allow for a better evaluation of the economic effect of net inflows, starting with this month ANIMA discloses the component related to funds underlying funds, whose profitability is limited and in many cases cancelled by the prohibitionof fee duplication, as per Italian regulations.
Net Inflows in €mn | 02.2024 | 2024 YTD | 2023 FY |
Mutual funds and AIFs | -202 | -557 | -1,251 |
Individual portfolios (ex class I) | -84 | -215 | +1,080 |
TOTAL ex Class I | -286 | -772 | -171 |
of which: funds underlying funds | -486 | -958 | -1,207 |
Class I insurance mandates | -334 | -633 | -3,966 |
TOTAL NET INFLOWS | -620 | -1,405 | -4,137 |
At the end of February 2024, total assets under management of ANIMA Group amounted to 191.2 billion euro.
AuM in €bn | 29.02.2024 | 29.02.2023 | Δ YoY | 31.12.23 |
Mutual funds and AIFs | 79.0 | 72.0 | +9.7% | 78.3 |
Individual portfolios (ex class I) | 31.7 | 28.4 | +11.5% | 31.5 |
TOTAL ex Class I | 110.7 | 100.4 | +10.2% | 109.8 |
Class I insurance mandates | 80.5 | 80.3 | 0.2% | 81.7 |
TOTAL AUM | 191.2 | 180.8 | +5.8% | 191.5 |
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ANIMA is a leading Italian independent asset management operator. A synthesis of different complementary paths and specializations, ANIMA nowadays offers one of the largest ranges of investment solutions available on the market, addressed to institutional as well as retail and private investors. The Group promotes and manages open and closed-end investment schemes, SICAVs, the Arti & Mestieri pension fund as well as private wealth and institutional asset management services. For further information, please visit www.animaholding.it
Contacts:
Media relations | Investor Relations |
Barabino & Partners | Luca Mirabelli |
Emma Ascani | Federico Pardini |
Tel. 02.72.02.35.35 | Tel. 02-63536.226 |
e.ascani@barabino.it | ir@animaholding.it |
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Anima Holding S.p.A. published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 13:52:02 UTC.
