Mediolanum Corporate Site:  Italiano   English




04/09/2015
3.03 p.m.

Business results of the subsidiary Banca Mediolanum

Record Net Inflows into mutual funds in the first quarter of 2015: € +1,192 mn, +53%
March Net Inflows into mutual funds: € +513 mn euro
Total Net Inflows: € +375 mn; year-to-date € +1,041 mn



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

In particular, net inflows into Mutual Funds came to € +513 mn (of which € +273 mn through ‘MyLife’), bringing a +53% in inflows year-to-date with respect to the first quarter of 2014.
Total net inflows totalled € +375 mn for the month, € +1,041 mn euro year-to-date.

Mutual funds data calculated according to the Assogestioni methodology (“Fondi Aperti” category):
€ +392 mn for March, and € +827 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

March
2015

Jan-Mar
2015

Jan-Mar
2014

 

 

 

 

directly into Mutual Funds

289

655 

809 

through ‘MyLife’ U-L policies

273

603  

through other U-L policies

(49) 

(65) 

(38) 

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

513 

1.192 

772 

Other Life Products (incl. Index-linked)

(49) 

(151) 

(203) 

 

 

 

 

Net Inflows into Managed Assets

464 

1.041 

569 

 

 

 

 

+ 3rd party Structured bonds & certificates

(29) 

(38) 

(25) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

435 

1.003 

544 

 

 

 

 

Net Inflows into Administered Assets

(47) 

103 

419 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(13) 

(66) 

(112) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

(60) 

38 

307 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

375 

1.041 

851 


Preliminary data subject to change.

“Record Net inflows into Mutual Funds for the first quarter of 2015 (1,192 million euro) – states the CEO of Banca Mediolanum Massimo Doris – is the consequence of our capacity to provide value-generating solutions for a clientele struggling with a zero interest rate market scenario”.


Basiglio – Milano 3 City, April 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.