Investment Capabilities

LDI Expertise

Working with you to manage liability risk

Generali Group Mandates

€316bn AUM

External Mandates

€38bn AUM

Strategic Generali Participations

€42bn AUM

Back to all capabilities

We aim to help our clients meet the competing objectives of generating income while optimising capital efficiency.

Regulatory and accounting expertise and managing downside risk is in our company DNA and provide the foundations for our LDI approach. Drawing on our key capabilities, we provide tailored investment solutions and services for the unique investment challenges of our clients that can evolve as their needs progress.

Our goal is to develop a tailored strategy for our clients that focuses on the behaviour of the total asset portfolio, fits their organization and delivers long-term value.

How do our investment solutions come to life?

Drawing on our key capabilities, we provide tailored investment solutions and services for the unique investment challenges of our clients

Services

ASSET LIABILITY OPTIMISATION

We provide quantitative asset allocation analysis to clients interested in customized liability-driven or cashflow-driven solutions, typical of insurance portfolios or pension funds with some expected inflow/outflows stream.

Rather than focusing on mark-to-market fluctuations of assets, LDI strategies hedge liability risk by matching changes in value with assets, while CDI strategies match future outflows using contractual income produced by the assets.

Specific KPIs/KRIs, as well as regulatory capital constraints, are embedded in the analysis.

MODULAR INVESTING

This solution combines investment modules across markets, asset classes and risks, according to the unique needs of the client

The modular investment solution functions as building blocks, based on the risk profile and the investment objectives. The modules can address a broad investment spectrum, and can be combined in many ways and adapted over time.

POST-TRADE PORTFOLIO SERVICES

Our services aim to improve trade efficiencies and reduce operational risks while maintaining execution quality across a wide range of financial instruments.

Our highly experienced trading desk have been in operation since 2008. They have strong expertise the European regulatory environment and sourcing liquidity throughout market cycles.

The team has a high quality of execution across a wide range of financial instruments and innovation in-line with the highest market standards and most developed peers. They continually monitor transaction costs with the aim of reducing execution impact consistent with market conditions.

STRATEGIC ASSET ALLOCATION AND TACTICAL ASSET ALLOCATION

Strategic asset allocation: We work with our clients to define and analyse their needs along with market expectations to target an appropriate long-term risk-return profile. We perform asset allocation and portfolio construction based on optimization studies and efficient frontier analysis and is executed with dedicated proprietary tools.

Tactical asset allocation: Using in-house market analysis, we optimize ex-ante tactical asset allocation tilts to exploit risk-adjusted short-term expected returns for clients. We implement, monitor and continuously steer tactical asset allocation in model portfolios.

Source: Generali Insurance Asset Management S.p.A. Società di gestione del risparmio as at December 2022.

INSIGHTS

FUNDS & SOLUTIONS

RESPONSIBLE INVESTING

LIQUID STRATEGIES

ILLIQUID STRATEGIES

LDI Expertise

How do our investment solutions come to life?

Services

ASSET LIABILITY OPTIMISATION