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Banca Generali posted net inflows of 88 mln euros in Dec
January 9, 2013 / 5:07 PM / 5 years ago

Banca Generali posted net inflows of 88 mln euros in Dec

MILAN, Jan 9 (Reuters) - Italian asset manager Banca Generali said on Wednesday its net inflows in December rose to 88 million euros ($115 million) from 51 million euros the previous month.

In a statement, the company said total net inflows for the whole 2012 rose 27 percent to 1.6 billion euros compared with the year before.

Banca Generali is 64.7 percent owned by Italy’s biggest insurer Assicurazioni Generali ($1 = 0.7667 euros) (Reporting by Francesca Landini; editing by Danilo Masoni)

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