Azimut Oct net inflows boosted by Mexico, Turkey JVs

miércoles 5 de noviembre de 2014 09:55 GYT

MILAN Nov 5 (Reuters) - Italian asset manager Azimut posted net inflows of 734 million euros in October thanks to the consolidation of Mexico's Mas Fondos and Turkey's Notos joint-ventures.

Net of the impact of these two joint-ventures net inflows in October stood at around 300 million euros ($375 million) .

Azimut said in a statement on Wednesday cumulated net inflows this year totalled 5.2 billion euros while total assets under management amounted to 26 billion euros. (1 US dollar = 0.8006 euro) (Reporting by Valentina Za, editing by Stephen Jewkes)