Mar 09, 2023 / 02:00PM GMT
Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Azimut Holding Full Year 2022 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.
Blei Gabriele - Azimut Holding S.p.A. - CEO & Executive Director
Thank you very much, and good afternoon to everyone. We'll go through the slides as always as quickly as possible to leave you time for Q&A.
So if we turn to Slide #4, we have a quick highlight of the past 4 years, summarizing the growth in assets, which had a cumulative annual growth rate of 12%, and we closed at EUR 79 million of total assets, which is already discounting for the deconsolidation of Sanctuary.
Net flows, EUR 36 billion in the 4 years with EUR 8.5 billion in just 2022, so roughly speaking, 10% of the assets. And Private Markets has been a strong driver of our commercial activity as well as flows with EUR 6.5 billion or 10x more the value that we had
Full Year 2022 Azimut Holding SpA Earnings Call Transcript
Mar 09, 2023
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