Home » For managers, the first quarter of 2023 closed in the red (7.1 billion euros)

For managers, the first quarter of 2023 closed in the red (7.1 billion euros)

by admin
For managers, the first quarter of 2023 closed in the red (7.1 billion euros)

ServiceManaged savings

Particularly negative balances for the management of insurance products which recorded a liability of 5.8 billion. Open-ended funds are also in deficit (-3.7 billion). Assets at 2,256 billion

by Isabella Della Valle

Heavy first quarter for the asset management industry. From January to the end of March, a total of 7.1 billion left the coffers of asset managers. A sharp reversal compared to the positive balance of 5.5 billion collected in the previous quarter. On the other hand, assets have made slight progress, going from 2,210 billion at the end of December 2022 to the current 2,256.

Who goes up and who goes down

All the instruments contributed to a certain extent to drag the sector down, but in general the quarter…

See also  JD.com's new department store 618 Outbreak Day Clothing and Levi's, Chow Sang Sang and other big names wear beautiful summer energy_TOM News

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy