Italy’s AM industry keeps flows coming

Related Content Related Video Related Articles

The Italian asset management industry posted positive flows of €12.7bn in August, industry association Assogestioni has revealed.

The positive result brought total fund sales to a net total of €88.4bn since the start of the year, with the total AUM going up to €1,510bn (€1,480bn in July).

54% of total AUM is invested in portfolio management while 48% is in collective management, Assogestioni also said.

The sector breakdown mirrored that of previous months, with flexible funds leading the chart by posting +€2.9bn, followed by bond funds with positive net inflows of €2.5bn.

Monetary, balanced and equity funds also posted positive results respectively of €1.5bn; €641m and €49m.

Between foreign-domiciled and domestic funds, the former have scored a better result with €4.6bn against €3bn.

 

Milan

The Fund Selector Forum Italy 2014 takes place on 5 November 2014 at the Four Seasons Hotel in Milan.

Click here for further details and to register: http://www.investmenteurope.net/event/2014-fund-selector-forum/

 

preloader
Close Window
View the Magazine





You need to fill all required fields!