Asset Management

Generali Streamlines European Asset Management Operations

Tom Burroughes Group Editor London 10 June 2016

Generali Streamlines European Asset Management Operations

The European firm has merged a German organisation into its business as part of a restructuring.

Italy-headquartered Generali has streamlined its European asset management operations, merging its German business with another entity.

Generali Investments Deutschland Kapitalanlagegesellschaft has been merged with Generali Investments Europe. No jobs will be affected by the change, Generali told this publication when asked about the matter yesterday.

“We have now simplified our structures in Germany, aiming at achieving better coordination across the company and serving our internal and external German clients more efficiently,” said Santo Borsellino, CEO of Generali Investments. 

GID was an asset management company belonging to the Generali Group, operating in Germany and acting as the management company for third-party and Generali Group insurance portfolios. As of year-end 2015, GID had about €33 billion ($37.3 billion) of total assets under management.

Generali Investments will offer its German clients, and manage, a range of investment solutions including UCITS and AIFMD-compliant Germany-domiciled investment funds, such as Spezialfonds, previously administered by GID as a Germany-based asset management company. 

Generali in total has around €431 billion of assets under management (as of end of December 2015).


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