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07/08/2015
10.02 a.m.

Business results of the subsidiary Banca Mediolanum

All-time record Net Inflows into Mutual Funds in the month of June: € 600 mn
Passing 2.7 billion year-to-date (€ +2,712 mn)
Total Net Inflows for the month: € +293 mn
Year-to-date: € +2,173 mn



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

In particular, net inflows into Mutual Funds came to € +600 mn (of which € +224 mn through 'MyLife'), bringing inflows year-to-date to € 2,172, +17% with respect to the same period in 2014.
Total net inflows totalled € +293 mn for the month, € +2,173 mn euro year-to-date.

Mutual funds data calculated according to the Assogestioni methodology ("Fondi Aperti" category, which does not include funds underlying Unit-linked) came to € +367 mn for June, and € +1,912 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

June
2015

Jan -June
2015

Jan -June
2014

 

 

 

 

directly into Mutual Funds

395

1,539 

2,107 

through 'MyLife' U-L policies

224

1,347

303 

through other U-L policies

(19) 

(175) 

(100) 

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

600 

2,712 

2,309 

Other Life Products (incl. Index-linked)

(33) 

(295) 

(465) 

 

 

 

 

Net Inflows into Managed Assets

568 

2,416 

1,844 

 

 

 

 

+ 3rd party Structured bonds & certificates

(114) 

(221) 

(252) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

453 

2,195 

1,592 

 

 

 

 

Net Inflows into Administered Assets

(84) 

267 

736 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(77) 

(289) 

(438) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

(161) 

(22) 

298 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

293 

2,173 

1,890 


Preliminary data subject to change.

I am very proud of the record inflows into mutual funds we had this month” – states the CEO of Banca Mediolanum Massimo Doris – Our Family Bankers continue to find the correct solutions to the needs expressed by our customers”.


Basiglio – Milano 3 City, July 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.