(Finance) – The total net inflows in March from Banca Generali amounted to 480 million euros (646 million euros in the same month of 2021), while total deposits amounted to 1,460 million euros since the beginning of the year (compared to 1,661 million euros in the same three months of last year) . Despite the strong volatility on the markets and the consequent prudence in investments, the bank recorded positive flows also in the deposits in managed solutions with 101 million euros in the month (567 million euros from the beginning of the year). Among these, the best data was achieved by funds (62 million euros in the month, 213 million euros from the beginning of the year) supported by tools functional to the dynamics of the moment, such as accumulation plans and switch solutions to take advantage of diversification opportunities deriving from market distortions.
The predominant part of the month’s collection was directed towards choices of administered savings with 383 million euros (917 million from the beginning of the year), of which 265 million euros in current accounts which – in the Bank’s experience – will then be invested according to weighted financial planning choices in the coming months. The advanced advisory service continues to grow with new flows of € 99 million since the beginning of the year and total assets of € 7.1 billion.
“A robust result in a complex month due to conflict-related concerns which are added to critical issues such as inflation and central bank policies that have kept volatility high – commented theCEO Gian Maria Mossa – Our bankers are at the side of customers every day in the challenges for the protection of portfolios and the solidity of the flows demonstrates the quality of work as well as the effectiveness of our offer “.
“The commitment to progressive savings solutions, in the thematic diversification and in technological tools to support advanced consultancythe strengths with which to deal with families who recognize in our model a point of reference for the protection of assets are confirmed – he added – The interest that comes to us from professionals of high standing interested in getting in touch with our reality and the growing trust from customers make us look with cautious optimism at the growth in the coming months “.