Banca Mediolanum announced that it closed the month of May with total net inflows of € 600 million (€ 3.81 billion since the beginning of the year). Net inflows in managed savings were positive for 390 million in May 2022 for a cumulative amount of approximately 2.6 billion (+2.8 billion in 2021). As regards the total commercial volumes for the month of May 2022, it was equal to +968 million.
“In the first five months of this year, in an extremely challenging context in which geopolitical uncertainty, market volatility and galloping inflation dictated the law, Banca Mediolanum recorded 3.8 billion in net inflows, the 70% of which in managed products – said Massimo Doris, CEO of Banca Mediolanum -. Our customers, who have perfectly understood our strategy, continue to feed the managed deposits, which in May amounted to 390 million, and pursue their investment objectives through the widest diversification. The 2.6 billion in investment products since the beginning of the year, with the fundraising destined entirely to equities, are the full demonstration of the validity of our approach and the ability to generate organic growth, as indicated by 80% of managed deposits from customers in Banca Mediolanum for more than a year “. Doris concluded: “The activities of credit and protection policies, our further distinctive elements with respect to the market, continue to regularly support commercial volumes, equal to approximately one billion, also in May”.