Asset management net investments back into positive territory in June
The AM business closed the month in positive net investment territory by 1.45 billion, thanks to recovering flows addressed to funds (+2.2 billion form -2.2 billion in May) as a result of easing pressures on bank funding following the ECB’s accommodative turn. Assets under management rose to a record-breaking 2.195 billion, also driven by the market effect. Eurizon topped the table with investment inflows worth 2.45 billion.
""The month of June confirmed our position as market leader and the fruitful collaboration with the Intesa Sanpaolo group and the sales networks. Thanks to the level of service we are able to provide together, and to the quality of our investment solutions, both retail and institutional customers continue to choose our products. The strong results achieved by our funds and by our institutional portfolio management activities are proof of our vocation for designing a constantly evolving product offer to meet the needs of all categories of savers"" says Massimo Mazzini, Eurizon’s Head of Market and business Development.
“Risparmio gestito, a giugno la raccolta torna positiva” – Milano Finanza, 24 July 2019
""The month of June confirmed our position as market leader and the fruitful collaboration with the Intesa Sanpaolo group and the sales networks. Thanks to the level of service we are able to provide together, and to the quality of our investment solutions, both retail and institutional customers continue to choose our products. The strong results achieved by our funds and by our institutional portfolio management activities are proof of our vocation for designing a constantly evolving product offer to meet the needs of all categories of savers"" says Massimo Mazzini, Eurizon’s Head of Market and business Development.
“Risparmio gestito, a giugno la raccolta torna positiva” – Milano Finanza, 24 July 2019