Q1 2025
As of March 31 of 2025 there has been an increase in AUM of approximately €77 billion compared to the first quarter of the previous year (+9%). This growth is attributed 75% to the contribution of Net Inflows, which stand at €56 billion. The remaining 25% of the growth comes from positive returns on existing assets, supported by favorable stock market performance (+5% average on major indices since March 31, 2024).
The Reply Quantitative Observatory analyses and monitors the Asset Gathering sector over time, highlighting the main market trends in terms of Managed Assets, Net Inflows, number of Financial Advisors and number of Clients.
The main objective of the observatory is to maintain a fact based observation point on the overall trend of the sector and on the main elements of innovation.