Net inflows from assets under management in Italy were positive in March for 7,3 billion euro. According to Assogestioni assessments, the sector achieved a "very positive" first quarter, with funding exceeding 19 billion.
For the fifth consecutive month, a record was recorded in terms of total assets under management, which exceeded 1.225 billion (against 1.210,6 billion in February). In particular, in March collective management contributed with inflows exceeding 5,3 billion, while over 1,9 billion came from portfolio management.
In the funds sector, foreign law products attracted 4,8 billion. The collection of domestic products has exceeded half a billion euros. During the month, bond funds recorded subscriptions of over 2,6 billion. The flexible funds raised 2,4 billion, the balanced 382 million. They also returned to collect monetary funds, winning 135 million.
