A breath of fresh air for the industry managed savings comes from the data for the third quarter of 2018. After the setback recorded in the second half with outflows of 5 billion euro, in the following three months net inflows were positive for 4 billion euros. This is certified by Assogestioni in the usual monthly map.
Driving the collection were in particular the portfolio management which collected 3,6 billion, after -5,8 billion in the previous three months. Collective management was also positive, closing at +454 million from +884 million.
Since the beginning of the year balance of the collection reaches 13,8 billion. Assets under management amount to 2.065,2 billion (from 2.066,6 billion in June).
Bad instead i bond funds (-5,8 billion after -8,7 billion to a total of -19,4 billion since the beginning of the year). Recovery for equities with +2,5 billion (after +184 million) and a total since the beginning of 2018 of +5,6 billion.
Finally, the Pir compliant funds which in the third quarter of 2018 collected "only" 475,5 million euros from +1,33 in the previous three months. Since the beginning of the year, the funding balance of the PIRs is equal to +3,78 billion and promoted assets amount to 18,9 billion.
