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Anima Holding
Earnings Release • Jan 10, 2025
4245_rns_2025-01-10_95b1c328-033f-4e5a-bb14-b098fe00ee96.pdf
Earnings Release
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PRESS RELEASE
ANIMA Holding: December 2024 net inflows
- Net inflows (ex Class I insurance mandates): € +111 million
- Total AuM at the end of the month €203.1 billion (€204.1 billion including administered assets)
"December confirms the trends observed throughout the year: strong retail inflows driven by the positive contribution of all strategic partners, excellent performance from Castello and Kairos, and outflows from lower-margin categories, resulting in an overall increase in profitability," commented Alessandro Melzi d'Eril, CEO of ANIMA Holding. "We expect that outflows from funds underlying other funds, whose limited economic significance has now become clear but characterized the year 2024, will become less relevant in the year ahead."
Milan, January 10th, 2025
Net inflows into managed assets recorded by ANIMA Group in the month of December 2024 amounted to € +111 million (ex class I insurance mandates).
To allow for a better evaluation of the economic effect of net inflows, since January 2024 ANIMA discloses the component related to funds underlying funds, whose profitability is limited and in many cases cancelled by the prohibition of fee duplication, as per Italian regulations.
| Net Inflows in €mn | 31.12.2024 | 2024 YTD | 2023 FY | |
|---|---|---|---|---|
| Mutual funds and AIFs | +310 | -445 | -1,251 | |
| Individual portfolios (ex class I) | -199 | +1,220 | +1,080 | |
| TOTAL ex Class I | +111 | +775 | -171 | |
| of which: funds underlying funds | -3 | -2,772 | -1,207 | |
| Class I insurance mandates | -571 | -6,033 | -3,966 | |
| TOTAL NET INFLOWS INTO MANAGED ASSETS |
-460 | -5,258 | -4,137 | |
| Net inflows into Administered assets | -3 | +56 |
At the end of December 2024, total assets under management of ANIMA Group amounted to 203.1 billion euro, or 204.1 billion euro including Kairos' Assets under Administration.
| Assets in €bn | 31.12.2024 | 31.12.2023 | Δ YoY |
|---|---|---|---|
| Mutual funds and AIFs | 86.1 | 78.3 | +9.9% |
| Individual portfolios (ex class I) | 37.9 | 31.5 | +20.4% |
| TOTAL ex Class I | 124.0 | 109.8 | +12.9% |
| Class I insurance mandates | 79.1 | 81.7 | -3.2% |
| TOTAL ASSETS UNDER MANAGEMENT | 203.1 | 191.5 | +6.1% |
| ASSETS u/ ADMINISTRATION (Kairos) | 1.0 | ||
| TOTAL AuA/AuM | 204.1 |
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ANIMA is the largest independent asset management group in Italy, with over €200 billion in total assets under management and more than one million clients. It was born from the aggregation of several companies with different and complementary specializations in the world of asset management and wealth management. Today it has over 500 professionals in Italy and manages investment solutions for institutional clients (insurance and financial groups, pension funds, social security funds), businesses and individuals. For further information, please visit www.animaholding.it
Contacts:
Media Relations Investor Relations Image Building Luca Mirabelli Cristina Fossati, Federica Corbeddu, Denise Recchiuto Federico Pardini Tel: +39 02 89 011 300 Tel. 02-63536.226 [email protected] [email protected]