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 2.5 billion euro in the first half 2006

Pioneer Investments: Global Net Inflows of 2.5 billion euro in the first half 2006
4.6 billion net inflows of the new perimeter (Pioneer+Hvb)

(Data as of 30 June 2006)


Pioneer Investments closed 2006 first half of the year with net flows of €2,509 million and HVB asset management companies registered in the same period net flows of €2,145 million. Total new perimeter net flows are €4.6 billion.

Italy Business Unit saw negative inflows of €387 million during the first half of 2006 with mutual funds Italian Market (Assogestioni perimeter) producing negative sales of €5.5 billion during the period.

The International division (ex Italy) saw positive flows of over €1 billion, mainly due to the Spain (453 million) and Germany, Switzerland and France (411) contribution.

The US closed the first half with net flows of €1.5 billion, entirely registered in the institutional business.

The New Markets division saw in the period positive flows of €277 million, mainly due to the Poland contribution (€215 million).

The Alternative Investments division (net flows and AuM data are included in the reported numbers for other divisions) reported positive flows in the fist half of €114 million.

Pioneer Investments saw positive net flows of €1,566 million in June. Total Assets under Management stood at €170 billion.

Italy saw negative inflows of €368 million during June with mutual funds Italian Market (Assogestioni perimeter) producing negative sales of €3.3 billion during the same period.
Total Assets under Management in Italy at the end of the month stood at €106 billion.

The International division (ex Italy) saw positive flows of €93 million, mainly due to the Asia result (€162 million). Total Assets under Management stood at €15 billion.

The US closed the month with positive sales of €1,821 million, referred to institutional mandates of Vanderbilt. Total Assets under Management reached €42.7 billion ($54 billion).

The New Markets division saw positive sales of €20 million in the month. Total Assets under Management in this division is about €6 billion.
The Alternative Investments division (net flows and AuM data are included in the reported numbers for other divisions) reported negative flows in the month of €44 million. Total Assets under Management in Hedge Funds stood at €4.5 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