Jul 29, 2022 / 01:00PM GMT
Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the ANIMA Holding's First Half 2022 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Alessandro Melzi D'Eril, CEO of ANIMA Holding. Please go ahead, sir.
Alessandro Melzi D'Eril - Anima Holding SpA - CEO, GM & Director
Hi to everybody. Thank you very much for attending our first half conference call -- 2022 first conference call.
And I would say that we can go directly to our presentation, as always. I will start from Page 4 and some highlight of our first semester. In the first 6 months of 2022, we showed steady margins and increasing net management fees even though, as we know, AUM were impacted by negative market trend, like many of us, both for -- in terms of equity and fixed income performance. We showed positive net flows of almost EUR 1 billion in the first half, even though, as I said, we reduced a negative WAP for mutual funds in the region of minus 0.5%.
Q2 2022 Anima Holding SpA Earnings Call Transcript
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