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11/10/2014
4.38 p.m.

Business results of the subsidiary Banca Mediolanum

Back to running speed in Mutual Funds Net Inflows: € +367 million in October
Year-to-date: € +3,867 mn, +7%
Total Net Inflows in October, Year-to-date: € +369 mn
Year-to-date: € +3,347 mn, +51%



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

In particular, net inflows into Mutual Funds were € +367 mn (of which € +216 mn through 'MyLife'), bringing the total since the beginning of the year to € +3,867 mn, Total net inflows came to € +3,347 mn, with an increase of 52% respect to the same period last year.

Corresponding data calculated according to the Assogestioni methodology (for the category "Fondi Aperti" - "Mutual Funds"): € +282 mn for October, and € +3,428 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

October
2014

Jan-Oct
2014

Jan-Oct
2013

 

 

 

 

directly into Mutual Funds

163 

2,929 

3,820 

through 'MyLife' U-L policies

216

1,129 

- 

through other U-L policies

(12) 

(192) 

(221) 

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

367 

3,867 

3,599 

Other Life Products (incl. Index-linked)

(25) 

(616) 

(1,146) 

 

 

 

 

Net Inflows into Managed Assets

341 

3,251 

2,453 

 

 

 

 

+ 3rd party Structured bonds & certificates

8 

(242) 

(31) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

349 

3,009 

2,422 

 

 

 

 

Net Inflows into Administered Assets

73 

1,018 

1,369 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(53) 

(680) 

(1,582) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

20 

338 

(213) 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

369 

3,347 

2,209 


Preliminary data subject to change.

Basiglio - Milano 3 City, November 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.