In August, the networks of financial advisors recorded positive net inflows of 1,8 billion euro which, according to Assoreti, represents "the best result ever recorded in the summer month". The calculation was almost exclusively affected by managed savings products (1,8 billion), while the balance of movements in administered products was substantially stable, producing assets of 2 million euro.
What stands out, however, is above all the total account recorded in the first eight months of the year, which mark a positive balance of 15,6 billion euros, the maximum result achieved in 14 years now.
As regards net investments in insurance and pension products, in August their share reached approximately one billion euro, thanks above all to unit-linked products (788 million) and traditional life policies (221 million). The monthly balance sheet of individual asset management, however, was positive for 61 million, with greater concentration on GPF (51 million).
Again according to the data released by Assoreti, the monthly contribution of the networks to the UCITS system stood at an amount of 1,6 billion, equal to 21,5% of the total net funding of the entire system (7,6 billion).
