Half Year 2019 Banca Generali SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the Banca Generali First Half 2019 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Gian Maria Mossa, CEO and General Manager of Banca Generali. Please go ahead, sir.
So good morning and thank you for attending our first half results conference call. The first 6 months were very strong. Total assets reached EUR 62.9 billion, a new record high. The total assets managed directly by our Luxembourg platform, a BG Fund Management, exceeded EUR 15.5 billion, and we set a new record high also on assets under advisory, EUR 4 billion. These results are driven both by good performance of the market as well as strong net inflows. As you already know, net inflows for the first half reached EUR 2.8 billion, of which 75% comes from the existing sales force, and this is the highest contribution ever for the existing structure to total
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
