The Italian asset management industry is about to close its best year since 1999. According to data released today by Assogestioni, in November net inflows were positive for 4,788 billion euro (it was +3,621 billion the previous month), thus marking 11th consecutive month up.
Since the beginning of the year, funding has been positive for 65,485 billion euro and in 11 months the outflows of 2012 and 2011 (-52,635 billion) have been more than recovered. In November, the protagonists were once again the open-ended funds, with positive deposits of 4,273 billion euros (+45,922 billion since the beginning of the year).
Assets exceed 1.330 billion euros (1.333,772 from 1.321,795). The three groups with the highest positive net inflows are Intesa Sanpaolo (+1,506 billion), Am Holding (+1,015 billion) and JP Morgan Asset Management (+455 million).
