Azimut stock

Azimut Holding is an Italian wealth management firm, established in 1988. It is publicly listed on the Borsa Italiana, with its asset management company boasting branches in all four corners of the globe to serve institutional and private clients. As of 2017, the fund posted revenues of €811m, turning an operating profit of €215m.

Azimut Holding has a rather unique business model designed to reward all employees, fund managers, financial partners, and senior management personnel. All of whom are shareholders in the fund, with the remaining capital shared among retail shareholders and other institutional investors.

Azimut Holding has increased its presence overseas in recent years, with the Azimut stock securing a place in the Italy 40 Index – the 40 stocks listed on the Borsa Italian with the most liquidity and market capitalisation. It’s also increased its presence in Asia, the Middle East, Australia and North America.

The Azimut share price has risen steadily since its initial listing on the Borsa Italiana, posting all-time growth of 451% as of mid-November 2021. That’s a four-and-a-half-fold return on investment in 18 years.

2011-2014 was one of the boom eras for the Azimut stock, which soared from €4.77 in August 2011 to highs of €26.67 in April 2014. It would later reach an all-time high of €29.47 in May 2015, but the Azimut share price has been volatile since. The price of Azimut stock more than halved upon the onset of the Covid-19 pandemic and struggled again through 2022 amid the era of rising inflation and interest rates.

As with any investment, the price of Azimut stock has the potential to be volatile. It ultimately depends on the success of the Azimut team’s own investments whether its share price rises or falls. There is something to be said about investing in a company whose employees also have a vested interest in the long-term sustainable success of the fund.

However, it’s not the only way to get involved with the Azimut share price. Using a contract for difference (CFD) broker, it’s possible to speculate on the future price of Azimut stock without investing in the underlying asset. This way, you can take a long (buy) or a short (sell) position on Azimut, with the ability to short the price and continue to profit if the price moves below your initial entry.