Italy asset management posts outflows of 582 mln euros in Dec

MILAN Thu Jan 23, 2014 5:51am EST

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MILAN Jan 23 (Reuters) - Italy's asset management industry had net outflows of 582 million euros ($789.45 million) in December from inflows of 4.788 billion euros a month earlier, preliminary data released by industry group Assogestioni showed on Thursday.

For the year inflows totaled 64.9 billion euros, Assogestioni said in a note. ($1 = 0.7372 euros) (Reporting by Stephen Jewkes)