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08/08/2014
1.24 p.m.

Business results of the subsidiary Banca Mediolanum

Mutual Fund Net Inflows keep accelerating: a record € +577 mn in July
Total Net Inflows for the month: € +483 mn – year-to-date: € +2,373 mn



Mediolanum S.p.A. announces business results of the subsidiary Banca Mediolanum for the month of July 2014.

In particular, net inflows into Mutual Funds, direct and through Unit-linked policies, were € +577 mn (of which € +323 mn through ‘MyLife’), bringing the total since the beginning of the year to € +2,886 mn.

Corresponding data calculated according to the Assogestioni methodology (for the category “Fondi Aperti” - “Mutual Funds”): € +444 mn for July, and € +2,556 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

July
2014

Jan-Jul
2014

Jan-Jul
2013

 

 

 

 

directly into Mutual Funds

269

2,376

3,007

through ’MyLife’ U-L policies

323

625

-

through other U-L policies

(15)

(115)

(200)

Net Inflows into Mutual Funds (UCITS & Unit-Linked)

577

2,886 

2,808 

Other Life Products (incl. Index-linked)

(32)

(497)

(871)

 

 

 

 

Net Inflows into Managed Assets

545 

2,389 

1,937 

 

 

 

 

+ 3rd party Structured bonds & certificates

13 

(239) 

2 

NI Managed Assets + Structured Securities

558 

2,150 

1,939 

 

 

 

 

Net Inflows into Administered Assets

56 

793 

1,010 

 

 

 

 

+ "Freedom" Life Policies (change in assets)

(131)

(569)

(1,491)

NI Administered Assets Incl. "Freedom" Accounts

(75)

223

(481) 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

483 

2,373 

1,458 


Preliminary data subject to change.


Basiglio - Milano 3 City, August 8, 2014

Contacts:
Media Relations
Rosamaria Salatino
Tel +39 02 9049 2027
e-mail: rosamaria.salatino@mediolanum.it
Investor Relations
Alessandra Lanzone
Tel +39 02 9049 2039
e-mail: investor.relations@mediolanum.it


The Officer responsible for preparing Mediolanum S.p.A accounting documents, Luigi Del Fabbro, declares that, in compliance with the requirements of the second paragraph of section 154 bis of the Consolidated Finance Act, the financial information contained herein reflects the accounting entries, records and books.