July 8 (Reuters) – Net inflows at Azimut (AZMT.MI), opens new tab reached 1.04 billion euros ($1.1 billion) in June, boosted by a new private credit fund it recently closed and products it sold under a partnership with UniCredit (CRDI.MI), opens new tab, the Italian asset manager said on Monday.
The 29.6% yearly increase in net new money at Azimut compares with a 32.3% rise at rival Banca Generali (BGN.MI), opens new tab, which earlier on Monday reported net inflows in June of 697 million euros.
Source: REUTER
