VALENCIA (MF-Dow Jones)--Italian asset management company Mediolanum SpA's (Milan:MED) ( MED.MI) chief executive Ennio Dorris expects asset under management inflows to increase in coming months after the announcement of the launch of new funds together with JP Morgan (JPM), Morgan Stanley (NYSE:MS) (MS) and Blackrock.
Speaking at a press conference in Valencia Wednesday, Doris said the inflows increase won't be evident in March because Mediolanum starts its training program this month.
At 1130 GMT shares were trading up EUR0.06, or 1.5%, at EUR4.02 in line with an overall positive market.
-By Marco Fusi with MF-Dow Jones, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@dowjones.com
(END) Dow Jones Newswires 03-12-08 0753 Copyright (c) 2008 Dow Jones & Company, Inc.
