Italy’s AM industry posts €4.8bn in November

The positive result has brought total net inflows to €65.5bn from the beginning of the year, industry association Assogestioni revealed.

November’s €4.8bn total net inflows marked the eleventh positive month for the Italian industry, Assogestioni said.

Thanks to the exceptionally positive year, the industry’s total AUM was of €1,333bn at the end of November. The result compensated the outflows of €52.6bn that the industry has suffered in 2011 and 2012.

Flexible, foreign domiciled and Italian domiciled funds were the best performers among asset management products, with total net inflows of €2.9bn, €3.1bn and €1.1bn respectively.

Click here to see sector’s breakdown.




Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!