Funds: net inflows growing in April, assets at maximum levels

The positive results recorded by asset management in Italy continue. According to data disclosed by Assogestioni, net inflows in April remain positive, at +6,9 billion euro (net of 1,3 billion redemptions), although growing at a slower rate than the previous month, in which it to +7,3 billion.
This prolonged trend, which since the beginning of the year has contributed more than 27 billion euros to asset management companies (asset management companies), has also brought about a new record for assets under management, which reaches 1.256 billion euros (it was 1.230 billion euros at the end of March, 967 billion a year ago). The products with the best result continue to be open-end funds, both Italian (+2,1 billion from 532 million in March, for a total of 3,9 billion since the beginning of the year) and foreign (+3,3 billion, down from €4,8bn in March for a total of €15,8bn YTD), with total inflows of €5,4bn (in line with March, for a total YTD of €19,3bn) .