Italian fund industry grows by €63bn in 2019 - Assogestioni

Eugenia Jiménez
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Italian fund industry grows by €63bn in 2019 - Assogestioni

Italian asset management industry received €3.6bn of net new money just in November, which raised to €63bn the figure for the whole year, according to Assogestioni.  From the annual figure, collective management deposits amounted to around €1.6bn while portfolio management totalled €2.1bn. Assets under management of investment funds in Italy amounted to €2.28trn at the end of November. Net subscriptions of open funds reached € 1.2bn under the push of long-term funds (+ 2.4bn). Fixed ...

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Eugenia Jiménez
Author spotlight

Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.