BGN Banca Generali

ROME--Banca Generali SpA (BG.MI) said Monday it had 203 million euros ($264 million) in net inflows in February, with almost all of it going into managed amounts with higher commissions.

February's net intake was similar to that of January and twice the average pace recorded in late 2012, the Italian asset manager said.

Uncertainty stoked by the Italian elections may be a harbinger of stronger inflows to come, according to Banca Genearli.

"Increased market volatility...entails greater demand for specialized financial advice, which translates into an opportunity for additional growth for our bank," Chief Executive Piermario Motta said.

Write to Christopher Emsden at chris.emsden@dowjones.com #CHCEmsden

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