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Assogestioni: outflows of € 12 billion in the quarter

2020-05-21T12:41:23.237Z


In the first quarter, the asset management industry recorded total outflows of over € 12 billion due to the uncertainties of the markets for the covid. (ANSA)


(ANSA) - MILAN, MAY 21 - In the first quarter, the asset management industry recorded total outflows of more than 12 billion euros due to the uncertainties of the markets for ilcovid. at around € 11 billion, outflows for portfolio management amounted to € 1.2 billion.
   The system manages assets of over 2,140 billion euros. 52% of the assets are invested in portfolio management (essentially deposit accounts), while the remaining 48% is used in open and closed mutual funds (collective management).
   (HANDLE).

Source: ansa

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