Generali creates its first Italian boutique with a strategic partnership to launch a new asset management company. This was announced by the Lion in a note, specifying that the new company will develop multi-asset strategies for retail and institutional clients globally.
The Sgr is called ThreeSixty Investments and was born from the collaboration between the Generali Group (which holds the majority of the capital through Generali Investments Holding) and some asset management professionals, namely Jordan Lombard, former CEO of Pioneer Investments, Mauro Ratto, expert in fixed income investment strategies and emerging markets, Diego Franzin, specialist in equity strategies, e Robert Richardson, senior executive in the asset management industry.
Generali's asset management strategy aims to build one of the top five multi-boutiques in the world in terms of revenues.
Leo will invest a billion in the first fund of ThreeSixty Investments, as strategic capital. The new asset management firm will manage its strategy and operations independently.
