Mediolanum Corporate Site:  Italiano   English




10/12/2015
10.43 a.m.

Business results of the subsidiary Banca Mediolanum

Flows into Mutual Funds Accelerate: € +296 mn in November
Year-to-date: € +4,225 mn
Total net inflows for the month: € +417 mn
€ +3,680 mn year-to-date



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

In particular, net inflows into Mutual Funds came to € +296 mn (of which € +104 mn through ‘MyLife’), bringing inflows year-to-date to € +4,225.
Total net inflows totalled € +417 mn for the month, € +3,680 mn euro year-to-date.

Mutual funds data calculated according to the Assogestioni methodology (“Fondi Aperti” category) came to € +176 mn for November, and € +3,181 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

Novt
2015

Jan - Nov
2015

Jan - Nov
2014

 

 

 

 

directly into Mutual Funds

182 

2,498 

3,063 

through 'MyLife' U-L policies

104

1,857 

1,347 

through other U-L policies

(130) 

(201) 

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

296 

4,225 

4,208 

Other Life Products (incl. Index-linked)

(11) 

(376) 

(668) 

 

 

 

 

Net Inflows into Managed Assets

285 

3,849 

3,540 

 

 

 

 

+ 3rd party Structured bonds & certificates

(37) 

(378) 

(241) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

248 

3,471 

3,299 

 

 

 

 

Net Inflows into Administered Assets

204 

672 

928 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(35) 

(463) 

(728) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

169

210 

200 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

417 

3,680 

3,499 


Preliminary data subject to change.

"An excellent set of inflows - states CEO of Banca Mediolanum, Massimo Doris - for managed assets, as well as deposit accounts and securities under custody, demonstrating that innovation in services and the advice provided by our Family Bankers continue to be appreciated by our customers"


Basiglio – Milano 3 City, December 10, 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.