74% net inflow directed to managed solutions (Il Sole 24 Ore Radiocor) - Milan, 07 Aug - The Italian asset manager Azimut Group said that in July net inflows totalled 604 million euros, with 74%, or 445 million euros, directed into managed solutions.

In the first seven months of the year net inflow reached 10.6 billion euros.

Total assets under management stood at 63.9 billion euros and including assets under administration reached 103.4 billion at the end of July.

'We are pleased to announce an updated guidance for net inflows for the full year, now projected to exceed 14 billion euros. This revised forecast represents double the amount initially communicated to the market at the beginning of the year," said the chairman, Pietro Giuliani.

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(RADIOCOR) 07-08-24 19:28:31 (0665) 5 NNNN