Banca Mediolanum sees record inflows in July

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Italy’s Banca Mediolanum, the retail bank of the Mediolanum Group, posted total net inflows of €483m in July, for a total of € +2.3bn ytd.

The mutual fund segment proved particularly positive, attracting record net inflows of €577m for the month.
Corresponding data calculated according to the Assogestioni methodology (for the category “Fondi Aperti” – “Mutual Funds”): € +444 mn for July, and € +2.5bn since the beginning of the year.

In the picture: Massimo Doris, CEO of Banca Mediolanum



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