Azimut Holding (AZM) Trading update summary

Net inflows and asset growth

• Achieved €1.1 billion net inflows in July 2026, totaling €9.2 billion year-to-date.

• Total assets reached €157.8 billion at the end of July, marking a 12% growth since the start of the year.

• Mutual funds grew by 13.1%, alternative funds by 22.8%, and strategic affiliates by 19.3% year-to-date.

• Notable inflows from Türkiye, Morocco, Brazil, and the US, despite an institutional mandate outflow in the US.

• Assets under management (AUM) increased by 10.9%, and assets under custody/advisory (AuC/AUA) by 14.6%.

Regional and product highlights

• EMEA region saw 24.4% asset growth, Asia & Pacific 12.8%, and Americas 9.6% year-to-date.

• Strategic affiliates contributed €2.8 billion in asset growth, reaching €36.1 billion.

• Innovative products, such as the Azimut AHE evergreen fund for historic cars, launched for Asian clients.

• Alternative investment funds experienced robust inflows, especially in Brazil, Türkiye, and the US.

• Distribution networks and global asset management teams credited for strong performance and alpha generation.

Strategic positioning and operations

• Operates in 20 countries with a focus on emerging markets and a diversified platform across public and private markets.

• Listed on the Milan Stock Exchange, with a shareholder structure involving 2,000 managers, employees, and advisors.

• Strategic affiliates in the US and Australia continued to scale, reinforcing global diversification.

• Offices span Italy, Australia, Brazil, China, Hong Kong SAR, Egypt, Ireland, Luxembourg, Morocco, Mexico, Monaco, Portugal, Saudi Arabia, Singapore, Switzerland, Türkiye, UAE, and the US.

• Wealth management, investment banking, and fintech services offered to private and corporate clients.