01/05/2016
4.52 p.m.
Banca Mediolanum celebrates with the best monthly net inflows ever: € +956 mn total
+4,636 mn for the entire year
Into mutual funds: € +452 mn for the month, € +4,677 mn for the entire year
Banca Mediolanum S.p.A. announces business results for the month of December 2015.In particular, net inflows into Mutual Funds came to € +452 mn (of which € +122 mn through 'MyLife'), bringing the total for 2015 to € +4,677 million. Total net inflows, with an all-time record of € +956 million for just one month,reached € +4,636 mn euro since the beginning of the year.
NET INFLOWS BANCA MEDIOLANUM |
Dec |
Year |
Year |
directly into Mutual Funds | 337 | 2,834 | 3,479 |
through 'MyLife' U-L policies | 122 | 1,979 | 1,540 |
through other U-L policies | (6) | (136) | (191) |
Net Inflows into Mutual Funds (UCITS & Unit-Linked) | 452 | 4,677 | 4,828 |
Other Life Products (incl. Index-linked) | (133) | (509) | (733) |
Net Inflows into Managed Assets | 320 | 4,168 | 4,095 |
+ 3rd party Structured bonds & certificates | (75) | (453) | (239) |
NI Managed Assets + Structured securities | 245 | 3,716 | 3,855 |
Net Inflows into Administered Assets | 719 | 1,391 | 974 |
+ 'Freedom' Life Policies (change in assets) | (8) | (471) | (747) |
NI Administered Assets incl. 'Freedom' accounts | 711 | 920 | 227 |
TOTAL NET INFLOWS, BANCA MEDIOLANUM | 956 | 4,636 | 4,082 |
Preliminary data subject to change.
'In the last 3 months we experienced an acceleration in the opening of new current accounts' - states CEO of Banca Mediolanum, Massimo Doris -'In the era of the bail-in, when banks in trouble can no longer count on being saved by the government, more and more Italians view Banca Mediolanum as a solid and 'one-stop' partner for all their savings, insurance and banking services needs. A special thanks to our Family Bankers for their extraordinary work in financial advising and in new customer acquisition'.
Basiglio - Milano 3 City, January 5, 2016
Il dirigente preposto alla redazione dei documenti contabili societari di Mediolanum S.p.A., nella persona del Sig. Luigi Del Fabbro, dichiara ai sensi del comma 2 dell'art. 154 bis del Testo Unico della Finanza che l'informativa contabile contenuta nel presente comunicato corrisponde alle risultanze documentali, ai libri e alle scritture contabili.
Mediolanum S.p.A. issued this content on 2016-01-05 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-05 17:44:21 UTC
Original Document: http://www.mediolanum.com/ENG/12192_16421.html