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11/09/2015
11.17 a.m.

Business results of the subsidiary Banca Mediolanum

Total Net Inflows of € +248 mn for October
Year-to-date: € +3,263 mn
Mutual funds: € +170 mn for the month
€ +3,929 mn year-to-date



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

In particular, net inflows into Mutual Funds came to € +170 mn (of which € +54 mn through 'MyLife'), bringing inflows year-to-date to € +3,929.
Total net inflows totalled € +248 mn for the month, € +3,263 mn euro year-to-date..

Mutual funds data calculated according to the Assogestioni methodology ("Fondi Aperti" category) came to € +158 mn for October, and € +3,005 mn since the beginning of the year..

NET INFLOWS BANCA MEDIOLANUM
Data in € mn

Oct
2015

Jan - Oct
2015

Jan - Oct
2014

 

 

 

 

directly into Mutual Funds

103 

2,315 

2,929 

through 'MyLife' U-L policies

54

1,753 

1,129 

through other U-L policies

13 

(139) 

(191) 

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

170 

3,929 

3,867 

Other Life Products (incl. Index-linked)

(17) 

(365) 

(617) 

 

 

 

 

Net Inflows into Managed Assets

152 

3,564 

3,251 

 

 

 

 

+ 3rd party Structured bonds & certificates

(46) 

(341) 

(242) 

NI MANAGED ASSETS + STRUCTURED SECURITIES

106 

3,223 

3,009 

 

 

 

 

Net Inflows into Administered Assets

169 

468 

1,018 

 

 

 

 

+ 'Freedom' Life Policies (change in assets)

(27) 

(428) 

(680) 

NI ADMINISTERED ASSETS INCL. 'FREEDOM' ACCOUNTS

142

40 

338 

 

 

 

 

TOTAL NET INFLOWS, BANCA MEDIOLANUM

248 

3,263 

3,346 


Preliminary data subject to change.


"Net inflows are picking up after the month of September – states the CEO of Banca Mediolanum Massimo Doris – We plan to finish the year with inflows higher than in 2014".


Basiglio – Milano 3 City, November 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.