ODDO : Assogestioni data (June 2018) - Italian asset management trends still favourable!
>Confirmation of favourable momentum in asset management in Italy - Monthly data for the Italian asset management association (Assogestioni) has just been published for the month of June 2018.The trend was broadly positive over the period for assets under management, with confirmation of brisk momentum in terms of net new money posted since 2016.The positive underlying trend in asset management and net new money is linked, in our view, to the continued proce...Intesa Sanpaolo is a commercial bank. Co. is engaged in lending and deposit collection operations in Italy and associated financial services, serving Households, Personal, Small Business, Private and Small and Medium Enterprise customers. Co. provides medium-term credit, leasing, factoring and agribusiness (Mediocredito Italiano), consumer credit (Intesa Sanpaolo Personal Finance), management of electronic payments (Setefi), and trust services (Sirefid). Co. has approximately 4,300 branches, including Retail and Business branches, distributed broadly throughout Italy. At Dec 31 2014, Co. had total assets of Euro646.43 billion.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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