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Assogestioni: funds, funding slows down in the third quarter

The data released by Assogestioni reveal positive funding of 24,8 billion euros between July and September, down on the 40,11 billion collected in the second quarter – Subscriptions amounted to 120,9 billion in the first nine months of the year – Assets under management, on the other hand, amount to 1.778 billion euro.

Assogestioni: funds, funding slows down in the third quarter

Curbs the industry of managed savings. In the third quarter, according to data published by Assogestioni, the funds recorded positive inflows for 24,8 billion euros against the 40,11 billion collected in the second quarter. Year-to-date subscriptions totaled 120,9 billion, a figure not far from the approximately 134 billion raised in the whole of 2014.

Assets under management, on the other hand, amount to 1.778 billion euro, of which 48,7% (866,4 billion) are invested in collective management and 51,3% in portfolio management. In the third quarter, open-ended funds recorded subscriptions of 15,6 billion, while portfolio management raised 9,2 billion.

Among the categories, flexibles obtained the highest deposits (+12,4bn), followed by Monetary (+4,6bn), Equity (+732m) and Balanced (+445m).

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