26 jun: Obligationer/middag: Rentestigninger i Sydeuropa og Danmark(NY)
26 jun: Aktier/middag: Usikkerheden hærger fortsat
26-06-2012 12:27:00

Italy May Fund Outflows Slightly Down; Investors Dump Equities Funds

Relateret indhold

By Gilles Castonguay

MILAN--Italian asset managers registered a net outflow of 1.2 billion euros ($1.5 billion) in May, slightly less than the previous month as investors dumped equities funds, Italian industry association Assogestioni said Tuesday.

In April, the net outflow was higher, at EUR1.3 billion.

Since the beginning of the year, outflows have totalled EUR5.5 billion, which is indicative of investor fears in light of Europe's sovereign debt crisis and the uncertainties it poses for the economy and the common currency.

Shares of asset management companies, such as Banca Generali SpA (BGN.MI), Mediolanum SpA (MED.MI) and Azimut SpA (AZM.MI), as well as Intesa Sanpaolo SpA (ISP.MI) and UniCredit SpA (UCG.MI), are sensitive to capital flows data as inflows boost their profits from fees and commissions.

Open-ended funds, which are responsible for most of the total amount, saw a net outflow of EUR1.02 billion, the association said in its monthly statement.

Those dedicated to equities registered a net outflow of EUR1.10 billion, while those focused on bonds had an inflow of EUR851 million.

Money-market funds, meanwhile, had outflows of EUR777 million.

Write to Gilles Castonguay at gilles.castonguay@dowjones.com

(END) Dow Jones Newswires

June 26, 2012 06:27 ET (10:27 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Norwegian har skrevet toårig overenskomst med kabinepersonalet

05-02-2016 15:55:23
Norwegians kabineselskaber, Norwegian Kabinforening (NK) og fagforeningen Parat har de seneste uger forhandlet om en ny overenskomst for de kabineansatte i Danm..

Genmab/Danske: Storudsalg af aktier bør ikke give panderynker

05-02-2016 12:17:09
På overfladen kunne det se mystisk ud, at ventureselskabet Johnson & Johnson Innovation har solgt en stor del sin beholdning af aktier i biotekselskabet Genmab...

Aktier/åbning: Genmab falder markant i de første handler

05-02-2016 09:29:22
Det amerikanske udslag af aktier i Genmab får kursen til at droppe fredag morgen med 7,6 pct. til 741,50 kr. Det er Johnson & Johnson Innovation, der har solgt ..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

Intesa Sanpaolo 2,38 -3,7% Fald i aktiekurs
Unicredit 3,19 -1,2% Fald i aktiekurs
Azimut 18,04 -1,7% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
7. februar 2016 02:15:52
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160125.1 - EUROWEB5 - 2016-02-07 02:15:52 - 2016-02-07 02:15:52 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x