Earnings Release • Jul 7, 2025
Earnings Release
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"The outstanding growth in the retail segment continues – a segment which is also associated with higher margins for our Group" commented Alessandro Melzi d'Eril, CEO of ANIMA Holding – "The institutional category, whose monthly trend is necessarily more volatile, has shown a very positive performance since the beginning of the year, despite the month of June being affected by the expiry of the mandate for a pension fund segment."
The following table outlines net inflows for the management companies in the ANIMA group for the month of June 2025, along with assets under management and administration:
| Net Inflows (€ mn) | Assets (€ bn) | |||||
|---|---|---|---|---|---|---|
| 2024 full year |
June 2025 | YTD | at 30.06.25 | at 30.06.24 | Change | |
| Retail Contracts with retail customers as counterpart (eg. Mutual funds sold through partner banks, "Arti e Mestieri" pension fund) |
+2,450 | +258 | +1,584 | 62.5 | 57.6 | +8.5% |
| B2B2C Contracts with institutional counterparts which reflect retail customers' investment choices (eg. Unit-linked policies, mutual funds managed under mandate) |
-407 | -4 | -235 | 29.1 | 28.7 | +1.4% |
| Institutional Contracts with institutional counterparts (eg. Fund users, AIFs, portfolio mandates, pension funds) |
+1,485 | -279 | -112 | 18.7 | 16.9 | +10.6% |
| Duplications Investiments from Group products into other Group products (eg. funds of funds) |
-2,728 | +8 | +140 | 15.7 | 15.5 | +0.9% |
| Total AuM ex Class I mandates |
+801 | -16 | +1,378 | 126.0 | 118.8 | +6.1% |
| Class I Insurance Mandates Fixed-income portfolios underlying traditional life insurance policies |
-6,033 | +54 | -746 | 79.5 | 79.0 | +0.6% |
| Total AuM | -5,232 | +39 | +632 | 205.5 | 197.8 | +3.9% |
| Administered Assets Inflows pertaining to Kairos Partners' private bankers |
+61 | -6 | +65 | 1.1 | 0.9 | +16.1% |
| Total Managed & Administered Assets |
-5,171 | +33 | +697 | 206.6 | 198.7 | +4.0% |
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