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09/08/2015
9.48 a.m.

Business results of the subsidiary Banca Mediolanum

Markets didn’t slow down inflows: € +348 mn into Mutual Funds in August
Reached € +3,481 mn year-to-date
Total Net Inflows for the month: € +327 mn
Year-to-date: € +2,888 mn



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

In particular, net inflows into Mutual Funds came to € +348 mn (of which € +100 mn through ‘MyLife’), bringing inflows year-to-date to € +3,481. Total net inflows totalled € +327 mn for the month, € +2,888 mn euro year-to-date.

Mutual funds data calculated according to the Assogestioni methodology (“Fondi Aperti” category) came to € +338 mn for August, and € +2,570 mn since the beginning of the year.

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

August
2015

Jan -Aug
2015

Jan -Aug
2014

 

 

 

 

directly into Mutual Funds

240 

2,029 

2,670 

through 'MyLife' U-L policies

100

1,614 

765 

through other U-L policies

(162) 

(112) 

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

348 

3,481 

3,323 

Other Life Products (incl. Index-linked)

(16) 

(334) 

(565) 

 

 

 

 

Net Inflows into Managed Assets

332 

3,148 

2,758 

 

 

 

 

+ 3rd party Structured bonds & certificates

(18) 

(293) 

(236) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

315 

2,855 

2,522 

 

 

 

 

Net Inflows into Administered Assets

28 

412 

865 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(16) 

(379) 

(614) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

12 

33 

252 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

327 

2,888 

2,773 


Preliminary data subject to change .

“During market corrections like the one we experienced in August, what differentiates Banca Mediolanum is particularly evident” - states CEO Massimo Doris - “our Family Bankers and their customers know that thanks to an adequate level of diversification, these corrections present profitable investment opportunities.”


Basiglio – Milano 3 City, September 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.