In May the industry reports outflows for 6.9 billion euros. Net subscriptions amount to +10 billion since the beginning of the year.
The collection shows redemptions on collective management (-2.6bn) and on portfolio management (-4.3bn).
Assets under management amount to 2.065 billion euros. The 51.5% is employed in collective management (1,063 billion euros) while 48.5% is invested in mandates (1,002 billion).
During the month, Italian savers oriented their preferences on balanced products (+ 1bn) and on flexibles (+ 392mn).