Press Clippings

Part of the pickup in asset management performance in the third quarter of the year (net investments positive by 9.5 billion, according to Assogestioni) was generated by balanced funds.

Börsen-Zeitung, Germany’s most important daily financial newspaper, has published a long interview with Eurizon’s CEO, Tommaso Corcos. The main points covered are summarised below.

The extra mile. This is the title of Expert Investor’s article about the evolution of the fund selector process.

An educational platform created by Eurizon. The company’s Head of Sales and Business Education, Alessia Golinelli, presented the platform to QN, the Italian consortium of daily newspapers, as part of the Financial Education Month, which consists of a series of initiatives on the theme throughout Italy, from 9 to 31 October.

The PIR market has become inflexible and investment inflows are no longer as positive as they were last year, although performances since the beginning of the year are in double-digit territory in most cases.

The prospect of seeking out the ‘least worst’ fund is an uncomfortable task for selectors.