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Fideuram-Intesa private banking: funding of 1,9 billion in June

Intesa's Private Division brings new assets under management to 4,5 billion since the beginning of the year, bringing the total to a record figure of 229 billion

Fideuram-Intesa private banking: funding of 1,9 billion in June

Fideuram-Intesa Sanpaolo Private Banking recorded inflows of 1,9 billion in June, thus reaching 4,5 billion in new assets since the beginning of the year.

“It is a result of absolute importance – underlines the CEO. Paolo Molesini in a note – which confirms the exceptional professionalism of our networks and the ability to continue along a path of growth and development. A collection of this size testifies to the ability to offer the most sophisticated and demanding customers the consultancy support necessary in complex and volatile market conditions”.

The networks of Intesa Sanpaolo's Private Division contributed to the result for the month of June: Fideuram, with net inflows of more than 600 million, Intesa Sanpaolo Private Banking with around one billion and Sanpaolo Invest with more than 200 million. As at 30 June, the Private division thus achieved "an unprecedented level of total assets, equal to approximately 229 billion, of which more than 156 billion are invested in asset management products", underlines the group's note.

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