Tuesday, March 24, 2015

Asset management collects 20 billion in February, more than 14 billion in funds – Reuters Italy


       

MILAN, March 23 (Reuters) – They arrive at twenty billion euro inflows in the asset management system in February, with over 14 billion catalyzed by open-ended funds and a more pronounced interest in equity.


       

And ‘what emerges from the map monthly by Assogestioni, reminiscent of the preliminary nature of the data.


       

After a 2014 filed with inflows exceeding 130 billion, the budget of the first two months is more than 29 billion collection, with assets under management, which amounted to 1.675092 trillion euro.


       

Sample collection, with subscriptions for 6.46 billion, the group Intesa Sanpaolo where Eurizon Capital is the lion’s share with 5.3 billion.


       

“This is the matter of collecting higher Eurizon Capital as old map Assogestioni month (August 2011)”, underlines the CEO Tommaso Corcos, bringing back the result of the intensive cooperation with distributors, Intesa Sanpaolo in the first place.


       

In terms of products the industry is focusing on solutions and flexible strategies.


       

“The economic situation, characterized by bond yields of high quality close to zero, has made it increasingly necessary to broaden the search for income beyond the perimeter to include the traditional asset allocation strategies,” says Cynthia Tagliabue, CEO Pioneer Investments Italy, Unicredit group.


       

Among the funds, in February are continuing to be rewarded hoses (5.5 billion) and bonds (4.3 billion), but also the equity inflows seen it rise to 2.3 billion. Balanced 2.1 billion.


       

In this context, Pioneer Investments, which last month saw pour approximately EUR 2.9 billion, continues to record interest in funds and funds of its range that distribute regular income “and in particular for those who pre-define a target coupon, “said Tagliabue. More …

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