Morgan Stanley has called the company "the final frontier of artificial intelligence." Now it's a matter of balancing its valuation. The crux? The difference between its current results and forecasts for the not-so-distant future.
Starting July 1, 2026, pension funds will change for new private sector employees: automatic enrollment, severance pay in the fund, and withdrawal within 60 days. Portability will become a priority starting October 31.
Scenari Immobiliari's 2026 Report captures the growth of real estate funds in Italy: the value of managed properties reaches 144,5 billion euros (+4%) and turnover reaches 162,7 billion euros (+7,1%), driven by increasingly diversified investments.
The Banca dei Territori Division and Intesa Sanpaolo Innovation Center are committed to providing Vertis SGR and the selected startups with specialized consulting, connections with their national and international network, and the organization of events and meetings aimed at...
At the MPS meeting on April 15th called to elect the institute's new board of directors, Norges Bank Investment Management, manager of the Norwegian sovereign fund, will vote in favor of the PLT Holding list, that is, the one that is re-nominating the former CEO Lovaglio.
A result that confirms the company's ability to stand out in the European savings management landscape, supported by an investment model based on expertise, discipline and constant evolution of the offering.
Blue Owl announced an asset sale to repay debt and a suspension of redemptions for one of its funds. Another sector losing ground due to investments in artificial intelligence, this time in terms of...
EasyGo, the search fund promoted by Mare Group and Borgosesia, has achieved a start that exceeds expectations: the fundraising has exceeded 7,5 million euros in just a few hours, confirming the market's interest in the industrial project and the governance model.
Nestlé will launch the sale of its Waters division in early 2026, a €5 billion operation managed by Rothschild, with Pai Partners in pole position and also the interest of the American funds CD&R and One Rock Capital.
The funding to support Harmonic Innovation Group's 2026–2030 plan is a strategic signal: Calabria is establishing itself as a key location for the future of innovation in the Mediterranean. At the heart of this journey is Entopan, an organization founded by Francesco…
Soprarno SGR, controlled by Banca Ifigest, has changed its name to L&B Capital SGR following the acquisition of MIP – Milano Investment Partners SGR. The UCITS funds will retain the Soprarno name, in keeping with their historical identity.
Green Arrow Capital has signed a binding agreement to acquire 100% of DeA Capital Alternative Funds SGR from the De Agostini Group. The transaction, subject to regulatory approval, will create Italy's leading alternative investment operator.
These are non-bank institutions that hold around €5.000 trillion in loans in the Eurozone, but are not subject to the same stringent rules as credit institutions. The scheme is the one already adopted by the Bank of England
Piazzetta Cuccia confirms 9 of the 10 outgoing councilors and the Sironi-Donnet tandem. Caltagirone presents Cattaneo and Fabrizio Palermo. Roberto Perotti is in charge of the funds
The signature at Palazzo Chigi for the Cohesion Funds for Campania ends months of accusations and retaliation between De Luca and Meloni. Entrepreneurs and unions await
The global funds of the International Corporate Governance Network raise strong criticisms on the capital law and hope for a rethink in the context of the reform of the Consolidated Law on Finance. The Government: "Stakeholders will have time and space to be heard"
What is happening to the art market? Crisis or general economic weakness? The "freezing" situation in the art market and other luxury goods is a reflection of the economic crisis in China and conflicts between countries. They weigh…
The closing of the reserved closed AIF ECRA Private Debt Fund successfully completed for an amount of approximately 156 million euros, above the target of 150 million euros. The first two investments in Italian companies approved…
Integrated technologies for renewable sources are a frontier of research and investments. The crowdfunding collection of a company from Southern Italy.
New episode of the Finance Guide: what is behind the growth of real estate funds? In Europe since the beginning of the century their net worth has increased 7 times and exceeds one thousand billion euros
With the latest round, the Fund exceeds its fundraising target of 300 million euros and is preparing for final closing in July 2024. To date, the Fund has made three key investments for the energy and environmental transition
Twelfth episode of Guide to finance, created by REF Ricerche with the collaboration of Allianz Bank Financial Advisors. Roberto Bianchini, Extended professor at the Polytechnic of Milan explains the growth of financial funds that integrate performance objectives with sustainability…
Saturday 9 March on FIRSTonline the twelfth episode of Guida alla finance, created by REF Ricerche with the collaboration of Allianz Bank Financial Advisors. Professor Roberto Bianchini, who teaches at Bocconi and at the Polytechnic of Milan, will explain that…
This new instrument will also be open to Ukraine, which will be treated almost like an EU member state. On the financing side, the EIB is also included, but there are no references to Eurobonds
Antonio Cesarano, Chief Global Strategist of Intermonte, sees in some recent events a change of direction that offers useful indications for investors. And he gives a "football" interpretation of it
Eleventh episode of Guide to Finance, created by REF Ricerche with the collaboration of Allianz Bank Financial Advisors. Professor Demis Todeschini, head of ETF Sales Italy at Axa and professor of finance at the University of Bergamo, reveals all the secrets…
The Fof infrastructure, a fund of funds managed by Cdp Real Asset, enters the new Equita Green Impact Fund which supports the national energy transition. The goal is to grow in the renewable energy sectors and in the circular economy
Asset managers recorded losses in the fourth quarter of 2023, with annual outflows close to 50 billion euros - Open-end funds continue to lose, but bonds end a golden year
Tenth episode of the Guide to Finance, created by REF Ricerche with the collaboration of Allianz Bank Financial Advisors and disseminated by FIRSTonline in 16 languages. Economist Manuela Geranio explains how they were born, how they work and what the funds are for...
Tenth installment of the Guide to Finance tomorrow on FIRSTonline. Created by Ref Ricerche in collaboration with Allianz Bank Financial Advisors, the Guide will focus on investment funds thanks to a speech by Professor Manuela Geranio of the University of Bergamo
A law has been approved that will allow the Italian Encyclopedia Institute to be financed annually with 5 million euros, ensuring the continuity and strengthening of its activities
According to the annual report of the Global SWF, the Saudis of the Public Investment Fund overtake the sovereign wealth fund of Singapore (GIC). Real estate is a favorite for sovereign investments
2024 opens with new financial availability for Italian agricultural businesses. The Innovation Fund lasts until 2025 and has an endowment of 225 million euros
The Nif, the first multi-sovereign venture capital fund, has a capital of 1 billion and will invest in startups and deeptech funds for defense and security. There are 23 member countries, Cingolani (Leonardo) on the Board of Directors
The Venture Capital company of the Intesa Sanpaolo Group closed the investment period ahead of the closing scheduled for August 2025. The fund made 7 million euros of investments in nine startups
The transaction involves the acquisition of the majority of Tecnofer through the Eurizon ITEᴙ Funds (approximately 54%) and the Equiter Fund (approximately 36%), with joint control through a joint venture. Executive SpA will maintain a stake of approximately 10% in the company. Closing by…
Just on the day in which President Mattarella raises the alarm about the delays in the fight against climate disasters, Minister Fitto cuts interventions by the Pnrr to counter hydrogeological instability, completely ignoring the sense of urgency and the obligation of priority
Assogestioni has published the data for March. Assets under management up to 2.255 billion, an increase of over 12 billion since February. Positive trend in equity fund inflows confirmed (+588 million)
The governor of the Bank of Italy in his usual speech at Assiom Forex, his first official event of the year, strikes a balance between doing too much and too little.
The total assets of the asset management industry are still decreasing, falling to 2.282 billion. Open funds are also negative by 328 million, while bonds float (+ 20 million)
INTERVIEW WITH BERNARDO BORTOLOTTI, economist and Director of the Transition Investment Lab in Abu Dhabi - The change in the macroeconomic and geopolitical scenario is pushing sovereign wealth funds to shift their investments to domestic operations but this does not mean that…
Arrangement of fund portfolios in view of the end of the first half supports the recovery of the Stock Exchanges - Eyes on the recapitalization of Saipem
However, open-ended funds achieved the 25th consecutive month of positive deposits: +1,6 billion – Equities are doing well, the flight from bonds continues
The two Authorities underline "the need for full compliance with the restrictive measures decided by the European Union in response to the situation in Ukraine"
According to Assogestioni, open-ended funds take the lion's share (+12,8 billion) - Equity and balanced funds are doing well, while the flight from bond funds has begun
After the victory of Mediobanca and the defeat of Caltagirone in Generali will there be a showdown in Piazzetta Cuccia? It is very probable but the extraordinary participation of institutional funds in Trieste makes it clear that it will not be a walk in the park
While awaiting KKR's response to Tim, new international funds are watching the telephone company with interest as the Dazn front, which could have a legal outlet, is heating up
Collective managements drove the flows in the fourth quarter – All open-end funds did well: equities +7 billion, balanced +5 billion and bonds +2 billion
In the third quarter, net inflows reached 18,5 billion, while in the 9 months subscriptions reached 70 billion euro, marking the best result since 2017
With over $400 billion under management and revenues of about $200 billion a year, the American fund that has its eye on Tim is a first-rate financial powerhouse. In Europe he is the first shareholder of the German Axel…
In an unexpected extraordinary meeting held today, Tim's board of directors took note of the proposal of the American fund KKR to launch a friendly takeover bid on 100% of the shares - How will the French of Vivendi, who are the first shareholder, respond?…
The Chinese real estate giant is unable to pay the interest on some of the bonds issued: one million customers, who have advanced the money to buy a house, thus remain in limbo - The alarm of Chinese funds is growing, but…
In the golden year of asset management, the battle between active management and passive management becomes even more fierce - Here are the guaranteed returns since the beginning of the year from equity and bond funds and ETFs
According to a study by Bank of Italy, between March and April 2020 the funds with the highest pre-pandemic returns behaved differently from the mass of investors, once again managing to beat the market
Based on the Assogestioni map, at the end of June, inflows were positive for 21,5 billion, a slowdown compared to the January-March period - Yet another historic record for assets under management
From object of passion to store of value, a transformation made possible by the original idea of the Swiss group Hetica Capital, which created the first fund in the world that allows you to invest in vintage cars
The sale of Autostrade per l'Italia (Aspi) by Atlantia was indeed a deal but above all for the Benettons and - mockery within the mockery - the minority shareholders of Aspi decided not to sell to avoid…
Green light from Atlantia's shareholders' meeting for the sale of the subsidiary Autostrade per l'Italia to Cassa depositi e prestiti and to the Blackstone and Macquarie funds - The value of Autostrade has been raised to 9,3 billion euros
Atlantia's shareholders' meeting is called today to decide on the sale of the entire Autostrade per l'Italia package to Cdp Equity and the Blackstone and Macquarie funds: the Benettons' vote is decisive
Better managers? No, explains the latest Tosetti Value Observatory, which reviewed the top 250 companies in Europe. Commissions and hidden costs make the difference: here's what you need to know
ESG criteria have been integrated into 75% of Invesco's investments, which intends to reach 2% in the next 100 years - 34,5 billion AuM Esg in 2020 - Here is the sustainability strategy presented by the US giant in…
The provision, made up of 29 articles, has already obtained the green light from the Senate - From energy to credit, through investments and pensions: here are the main contents
Funding remains positive, but falls to just over two billion, after the growth from 12 and a half billion recorded in February - Here is the Assogestioni map
The assets of European funds have soared over 1.100 billion and in 10 years the shares have tripled their value - The "transparency revolution" also kicks off in Italy from 10 March
Cassa Depositi e Prestiti has officially presented its binding offer to Atlantia with the Blackstone and Macquarie funds to take over control of Autostrade per l'Italia (Aspi) - The operation has three objectives, in addition to the departure of the Benettons…
According to Assogestioni, it is above all collective management that shines, recording net subscriptions up by 30,2 billion - Among managers, the best result is that of Eurizon
Overall, inflows are positive by 8 billion - Assets managed by the industry remain at historic highs, at 2.392 billion, 85 more than at the end of 2019
For many years the survey on mutual funds of the Mediobanca Research Area, commissioned in 1990 by Maranghi and then directed by Coltorti, held sway in the financial community and sparked heated discussions - Unfortunately, today that survey has disappeared, with an impoverishment for…
In the financial sphere, the tax package of the 2021 budget law introduces tax relief on foreign funds and a tax credit for losses on Pir - News coming also for the Euribor
The controversial governance envisaged by Conte for the implementation of the Recovery Fund foresees a plethora of 1.260 subjects in the field but concentrates power in the hands of the prime minister alone
On Acre Savings Day, the Governor warns: "Rules are also needed for the non-banking sector" - Gualtieri: "In the coming months, the challenge will be managing the increase in NPLs" - Patuanelli: "Those who can afford it must return to distributing dividends"
The first closing has reached an initial endowment of 58 million - Fundraising target set at 80 million - Prime Space focuses on the Italian space industry
With the relaunch decree, the PIRs split in two. Investors will be able to choose between traditional plans and alternative plans: here are the most important differences (and similarities) and the main innovations introduced by the new legislation
According to Assogestioni's quarterly map, the asset management industry is paying the consequences of the coronavirus, but also the previous uncertainties of the macro-economic situation
After the January record, assets drop to 2.292 billion, while inflows are negative for 405 million - Open-ended funds are suffering, fleeing equities - The results of the main players
The acceleration recorded between October and December (+17,7 billion) takes assets under management beyond the threshold of 2.300 billion, to a new all-time high
The review of Antonio Molinari's essay "Search Funds - A new tool to support small businesses", published by Guerini Next, helps to understand what these new tools to support small businesses are
According to the latest data from Assogestioni, funding soared by 10 billion in December - Bond funds in particular performed well - Monetary funds continue to outflow, but remain positive over the 12 months
