Generali Investments Europe has added a senior credit analyst to its Paris branch.

Generali Investments Europe, asset manager of Italy’s Generali Group, has appointed Hervé Gay as a senior credit analyst in its Paris branch.

The “top-rated” credit analyst was formerly a senior sell-side fixed income credit analyst and deputy head of credit research at Societe Generale in Paris, earning him the prestige of being named the top analyst covering the European utilities sector in 2013 for the fifth consecutive year in the Euromoney Fixed Income investors Survey.

The appointment comes after GIE launched a new equity fund focusing on Southern Europe two months ago, while Borsellino was appointed chief executive to replace Philippe Setbon last year, who has worked for investment banks and asset managers in London and Milan.

GIE is one of the largest asset managers in Europe with more than €330 billion ($457.6 billion) of assets under management.