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10/08/2015
10.56 a.m.

Business results of the subsidiary Banca Mediolanum

The best September ever for mutual funds with € +278 mn
€ +3,759 mn year-to-date
Total Net Inflows for the month: € +128 mn
Year-to-date: € +3,015 mn



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

In particular, net inflows into Mutual Funds came to € +278 mn (of which € +85 mn through ‘MyLife’), bringing inflows year-to-date to € +3,759 (+7% with respect to the same period last year). Total net inflows totalled € +128 mn for the month, € +3,015 mn euro year-to-date.

Mutual funds data calculated according to the Assogestioni methodology (“Fondi Aperti” category) came to € +277 mn for September, and € +2,847 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

Sept
2015

Gen-Sept
2015

Gen-Sept
2014

 

 

 

 

directly into Mutual Funds

183 

2,212 

2,766 

through 'MyLife' U-L policies

85

1,699 

913 

through other U-L policies

10 

(151) 

(179) 

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

278 

3,759 

3,500 

Other Life Products (incl. Index-linked)

(14) 

(348) 

(590) 

 

 

 

 

Net Inflows into Managed Assets

264 

3,411 

2,910 

 

 

 

 

+ 3rd party Structured bonds & certificates

(2) 

(295) 

(250) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

262 

3,117 

2,659 

 

 

 

 

Net Inflows into Administered Assets

(113) 

299 

945 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(21) 

(401) 

(627) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

(134)

(102) 

318 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

128 

3,015 

2,977 


Preliminary data subject to change.

“September inflows confirm once again that 2015 is shaping up to be an extraordinary year for inflows” - states CEO Massimo Doris - “Despite the adverse seasonality that historically characterizes September flows and the unfavorable trend in the equity markets, Banca Mediolanum registered another excellent result, remaining above the record inflows established in 2014. Thanks to the attentive advice of the Family Bankers, our customers regard these market phases as buying opportunities.”


Basiglio – Milano 3 City, October 8, 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.