Share this event on:

  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.

Pioneer Investments: Global net inflows of over 6 billion euro in the forst 8 month of 2006

Global net inflows of over 6 billion euro in the first 8 months of 2006

Strong contribution from US and Germany

Global net inflows of 93 million euro in August

(data as of 31 August 2006)

 

 

With global net inflows of €93 million in August, Pioneer Investments closed the first 8 months of the year with over €6 billion of global net inflows. Total Assets under Management reached €216 billion.

 

Global net inflows year to date were pushed in particular from US that, thanks to Vanderbilt acquisition, registered positive net sales of €3,7 billion (+€1187 million in August) and from Germany, that during the period realized positive net sales of €1,8 billion (-700 million in August). Total Assets under Management of US Division reached €45 billion ($58 billion), the same of Germany Division.

 

The International division (ex Italy and Germany) is positive in the period for €826 million (-218 million in August). Total Assets under Management is €12 billion.

 

The figure of the first 8 months of the year for the New Markets division is €332 million (+29 million in August). Total Asset under Management of the division is over €6 billion.

 

Italy Business Unit closed the first 8 months of the year with negative sales of €618 million (-205 million in August), with mutual funds Italian Market (Assogestioni perimeter) producing negative sales of €6,7 billion during the same period. Total Assets under Management in Italy stood at €107,7 miliardi.

 

The Alternative Investments division (net flows and AuM data are included in the reported numbers for other divisions), is positive during the period for €182 million (+€20 million in August). Total Assets under Management in Hedge Funds is €4.6 billion.

 

 

The data reported in this release has been compiled on provisional numbers, and is, therefore susceptible to change.

 

 

For more details:

Camilla Pedraglio

Head of Media Relations

Pioneer Investment Management SGRpA

Ph. +390276223228

Camilla.pedraglio@pioneerinvest.it

www.pioneerinvestments.it