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06/10/2014
4.50 PM

Business results of the subsidiary Banca Mediolanum

MAY NET INFLOWS ONCE AGAIN AT HIGH LEVELS
Total Net Inflows for the month: € +404 mn – in mutual funds: € +434 mn
Total Net Inflows year-to-date: € +1,618 mn (+59%)



Mediolanum S.p.A. announces business results of the subsidiary Banca Mediolanum for the month of May 2014.

In particular, net inflows into Mutual Funds were € +434 mn (both direct and through Unit-linked), of which € +63 mn through the new insurance product "MyLife".

Corresponding data calculated according to the Assogestioni methodology (for the category "Fondi Aperti" -"Mutual Funds"): € +447 mn for May, and € +1,660 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

May
2014

Gen-May
2014

Gen-May
2013

 

 

 

 

Mutual Funds (OICR & Unit-Linked)

434

1,744

1,892

of which: MyLife

63

148

-

Other Life Products

(62)

(303)

(693)

 

 

 

 

Net Inflows into Managed Assets

372 

1,383 

1,199 

 

 

 

 

+ 3rd party Structured bonds & certificates

(2) 

(42) 

(10) 

NI Managed Assets + Structured securities

370 

1,341 

1,189 

 

 

 

 

Net Inflows into Administered Assets

147 

657 

1,081 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(113)

(383)

(1,254)

NI Administered Assets incl. 'Freedom' accounts

34

275

(173) 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

404 

1,615 

1,016 


Preliminary data subject to change.



Basiglio - Milano 3 City, June 10, 2014

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.