Mediolanum is up sharply in Piazza Affari as we await the data on inflows in June which will be published today and which should show how net inflows in the first half of the year exceeded the entire amount for 2012.
“We are still looking at the excellent results of Banca Generali and Azimut”, explains Lorenzo Batacchi, portfolio manager of Banca Popolare dell'Emilia Romagna, underlining that in the first half Mediolanum exceeded the total funding for the whole of 2012.
Vice President Massimo Doris confirmed on Friday that net fundraising in the first six months will be around 2,5 billion euros. In 2012, funding amounted to 2,35 billion. Another trader also confirms that the share's rise is linked to expectations of good collection data. Around 15 pm the stock rose by 3,92% to 5,14 euros.
