May 13, 2021 / 01:00PM GMT
Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Azimut Holding's First Quarter 2021 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Gabriele Blei, CEO of Azimut Holding. Please go ahead, sir.
Gabriele Blei - Azimut Holding S.p.A. - CEO & Director
Thank you, very much, and good afternoon to everyone. We will go through the usual presentation as quickly as possible to give you as much time as possible for Q&A.
So if we take Slide #4, we highlighted 4 -- 3 key metrics. First, net weighted average performance to clients, net of fees, 4.2% year-to-date, 200 basis points ahead of the index; net inflows of EUR 10.3 billion in total and EUR 1.8 billion in managed products, of which EUR 400 million in private market funds; and net profit of EUR 97 million or 100% vis-Ã -vis the first quarter 2020.
Slide #5, we highlighted a bit of a recap of what has been done over the last year or so with a number of different
Q1 2021 Azimut Holding SpA Earnings Call Transcript
May 13, 2021
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