Arca Fondi closes 2023 with a profit of 73 million (+28%)

Arca Fondi Sgr closed 2023 with a net profit of 73.8 million, recording a growth of 28% compared to the 57.5 million of 2022. The operating result, net of non-recurring items, reached the level record of 91.5 million.

In terms of collections, Arca Fondi achieved a net result that came close to 2.5 billion “in contrast to the overall trend of the managed savings industry which saw net outflows of 49.5 billion”, underlines the group.

In 2023 Arca celebrated the 40th anniversary of the foundation by surpassing the threshold of 900,000 customers and reaching 40 billion in assets under management, “also thanks to the development of the strategic segment of Pension Funds, which contributed 5 billion to the overall assets” , adds the Sgr.

CEO Ugo Loeser commented: “In a year marked by great challenges, we have achieved important goals demonstrating the strength and resilience of our strategy. These results push us to continue with commitment and dedication in the search for new opportunities and in the development of top-level investment solutions. I would like to express my sincere appreciation to all our employees, placement partners and customers for making this success possible.”