Table of Contents:
November net harvest: an unprecedented success
The Azimut Group closed the month of November 2024 with net inflows of 3.1 billion euros, a result that marks a further step forward in its growth strategy. This figure was strongly influenced by the acquisition of 16 financial consulting firms in Australia, a transaction that had a significant impact on the group’s overall performance. Total net inflows since the beginning of the year reached 17.4 billion euros, far exceeding the annual target set at 14 billion
euros.
A solid and diversified business model
Gabriele Blei, CEO of the Azimut Group, commented on the results with enthusiasm, underlining the solidity of the business model and the effectiveness of the international expansion strategy. The total assets managed by the group have reached a new record of 113.9 billion euros, of which 68.5 billion are directly managed. This success is the result of careful planning and strategic implementation that has allowed the group to adapt quickly to market dynamics
.
Excellent performance for customers
Another important aspect is represented by customer performance, who have recorded a weighted average net return of 10.4% since the beginning of the year, 44 basis points higher than the industry average. This result was possible thanks to the synergy between the Global Asset Management Team and the advisors, who worked together to guarantee positive returns for 98% of clients. The integration and collaboration strategy has proven to be successful, helping to consolidate customer trust in the
group.
Future prospects and growth strategies
Looking to the future, Azimut intends to continue expanding its international presence, exploring new acquisition opportunities and investing in innovation. The sustained growth and positive results achieved so far lay the foundations for further development in the global market. With a well-defined strategy and a focus on service quality, Azimut is preparing to face future challenges with determination and
optimism.
