(Finance) – Le Consulting networks they closed the month of April with a net inflows of 4 billion eurodown by almost a third (-32.3%) compared to the month of March, but up 9% compared to April 2022. This is what the latest monthly report by Assoreti, the association that represents the sector, reveals.
“We present results that tell a lot about the social impact of our Associates’ consultancy activity,” she says Marco TofanelliSecretary General of the Association, adding “the ability to evolve the service, consistent with the current scenario, is a value appreciated by an increasing number of Italians who recognize the Networks’ ability to express appropriate protection and enhancement of their savings, following always a medium-long term planning logic”.
The prevalence of investments in administered financial instruments; the balance of movements in titles is positive for 3.2 billion euro.
The monthly budget on the products of the managed savings come back positive and is worth 458 million euro, with net inflows from mutual funds and individual management (380 million euro positive balance) to offset the outflows from the insurance sector (-398 million euro) caused by traditional life products (-486 million euro million) and multi-class policies (-€102 million) offset by net premiums paid on unit-linked policies (€189 million).
Net assets kept up current accounts and deposits amount to 340 million euros.
The budget from the beginning of the year is, therefore, positive for 17.7 billion of Euro (+0.8% year on year); also grows number of customers now equal to 4.791 million (+73 thousand units compared to the end of 2022).