Anima Holding SpA (MIL:ANIM)
€ 4.924 0.024 (0.49%) Market Cap: 1.55 Bil Enterprise Value: 1.84 Bil PE Ratio: 9.51 PB Ratio: 1.10 GF Score: 68/100

Q1 2023 Anima Holding SpA Earnings Call Transcript

May 05, 2023 / 12:30PM GMT
Release Date Price: €3.73 (+1.19%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the ANIMA Holding's First Quarter 2023 Results Conference Call. (Operator Instructions). At this time, I would like to turn the.

Conference over to Mr. Alessandro Melzi, CEO of Anima Holding. Please go ahead, sir.

Alessandro Melzi D;Eril
Anima Holding S.p.A. - CEO, GM & Director

' -

Thank you very much. Thank you, everybody, for attending our Q1 2023 conference call. As usual, I'll bring you through our presentation, and then I'll leave you -- we'll have some time for a Q&A session.

So I will start from Page 4 of the presentation with some highlights First of all, just to highlight that the total EM increased by approximately EUR 5 billion in the quarter. This is good news in respect of what happened last year. Net flows are influenced by a repositioning of our client base. We pull more towards fixed income products. We had -- we suffered an exit of a large mandate pension fund mandate in the quarter that affected our

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