Mediolanum Corporate Site:  Italiano   English




02/09/2015
4.53 p.m.

Business results of the subsidiary Banca Mediolanum

Solid kick-off to the year: € +299 mn in Net Inflows into Mutual Funds in January
Total Net Inflows: € +281 mn



Mediolanum S.p.A. announces business results of the subsidiary Banca Mediolanum for the month of January 2015.

In particular, net inflows into Mutual Funds were € +299 mn (of which € +108 mn through ‘MyLife’), an increase of 61% with respect to the same period last year.
Total net inflows came to € +281 mn in January, +93%.

Mutual funds data calculated according to the Assogestioni methodology (“Fondi Aperti” category): € +184 mn for January.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

January
2015

January
2014

 

 

 

directly into Mutual Funds

165

173 

through 'MyLife' U-L policies

108

- 

through other U-L policies

27  

12 

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

299 

185 

Other Life Products (incl. Index-linked)

(66) 

(95) 

 

 

 

Net Inflows into Managed Assets

233 

90 

 

 

 

+ 3rd party Structured bonds & certificates

(6) 

(3) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

227 

87 

 

 

 

Net Inflows into Administered Assets

78 

88 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(24) 

(29) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

54 

59 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

281 

146 


Preliminary data subject to change .

“After closing 2014 with excellent results – says the CEO Massimo Doris – the new year started off at a much faster gait with respect to January last year, and so I can’t help but be optimistic about the progress of our capacity to interpret the needs of retail investors”.


Basiglio – Milano 3 City, February 9, 2015

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.