Generali eyes Sycomore to expand sustainable expertise
Italian fund group hopes “strategic partnership” will bolster its environment, social and governance credentials
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Italian fund group hopes “strategic partnership” will bolster its environment, social and governance credentials
Italian insurer Generali has established a global infrastructure debt fund as it steps up its asset management ambitions.
Italy’s Generali Group is to increase investments in “green” sectors by €3.5bn by 2020, mainly by ploughing money into bonds that finance environmentally beneficial projects and investing directly in cleaner infrastructure.
While Italy faces election and non-performing loan (NPL) challenges, Aviva Investors believe that its market is looking attractive for investors in 2018 but fund selectors warn the country should not be a core part of a global portfolio.
Generali Investments has changed the name of its Euro Equity Mid Cap fund, to reflect the rising popularity of theme-based investing.
There is a shift under way from traditional benchmark tracking to absolute return investing. As investment habits change, Generali’s Andrea Favaloro says fund houses and intermediaries must respond with non-traditional solutions.