WHERE SPECIALIZATION

MEETS EXPERIENCE​

At Generali Investments* we gather the Generali Group’s primary investment companies through a multi-boutique platform, leveraging specialized skillsets to create and share enduring value with our clients both inside and outside the Group.

ASSET MANAGEMENT WITHIN GENERALI GROUP**

> 0
YEARS OF EXPERIENCE
0 Bn
ASSETS UNDER MANAGEMENT
0 +
ASSET MANAGERS AND SPECIALISTS
0 +
COUNTRIES COVERED
0
SPECIALISED INVESTMENT BOUTIQUES
0
MAIN DISTRIBUTION HUB

GENERALI INVESTMENTS’ MULTI-BOUTIQUE PLATFORM

About Us

About Us

About Us
About Us

About Us
About Us

Generali Global Infrastructure

Focus: fixed income, thematic equity and multi-asset funds.

Coordination of multi-boutique offering distribution.

Focus: unconstrained investment strategies combined with a unique fee model.

Focus: real estate investments and asset management. Both equity and debt.

Focus: global infrastructure debt solutions combined with ESG principles (Environment, Social, Governance).

About Us

Generali Insurance Asset Management

About Us
About Us

About Us

Focus: LDI and pension funds solutions supported by effective proprietary analysis tools and in-house multi-asset portfolio management.
Focus: management company of one of the largest Alternative UCITS platforms in Europe.
Focus: ESG investments and sustainable performance through a range of funds investing in various asset classes.
Focus: total return, global multi asset investments.

MORE TO COME

ASSET MANAGEMENT SERVICES

About Us

Generali Investments Holding

Focus: holding company, retaining majority share capital in the boutiques.

Framework of services to support various asset management activities.

About Us

Generali Investments Luxembourg

Focus: based in Luxembourg, acts as the main reference management company of the group

Generali Investments Partners
Aperture Investors
Generali Real Estate
Generali Global Infrastructure
Generali Insurance Asset Management
Lumyna Investments
Sycomore AM
Plenisfer Investments

GENERALI INVESTMENTS PATRNERS S.p.A Società di gestione del risparmio is the multi- channel and multi- client hub acting as lead client relationship manager for all the boutiques offering. The company also has in-house investment capabilities and manages fixed income, thematic equities and multi asset/balanced portfolios as well as alternative asset classes.

TOP MANAGEMENT

Timothy Ryan
Timothy Ryan

Group Chief Investment Officer and CEO Asset & Wealth Management

Born in the USA in 1969 and British citizen, Timothy Ryan has been the Group Chief Investment Officer since January 2017.

After graduating with a PhD in Banking, Finance and International Trade from Bordeaux University in 1992, Tim started his career as a Quantitative Engineer with CCF (now HSBC). After expanding his responsibilities and a successfully growing the business as the Global Head of Equity, Tim moved to the AXA Group in 2000 as the Global Head of Quantitative Asset Management with AXA IM. In 2003, he relocated to Japan, first as the CIO of AXA Japan and later as the CIO for Asia. In 2008 he joined AllianceBernstein as Chairman and CEO for Japan. After the turnaround of the Japanese operation, Tim became Chairman and CEO of AllianceBernstein Ltd in London covering Europe, Middle East and Africa. When the region became a major contributor to the group, in 2015, Tim decided to take a sabbatical and enjoyed teaching Finance and supporting a large private equity firm in its acquisition projects.

Tim remains active in teaching Finance at various universities and business schools. He is passionate advocate of economic and finance literacy for children and young adults.

Carlo Trabattoni
Carlo Trabattoni

Chief Executive Officer

Carlo Trabattoni joined Generali in September 2017, as CEO of Generali Investments Partners S.p.A. Società di gestione del risparmio.​Prior to that, since 1996, he held several responsible positions in Sales Marketing at Schroders: as Head of the Pan European Distribution and Global Financial Institutions Group from 2012, as Country Head and President of Schroder Investment Management (SIM) in Tokyo, being also appointed President of the Board of SIM Japan since 2009, as Head of Intermediary in Continental Europe Middle East and Member of Global Distribution Executive Committee and Member of Global Retail Distribution Committee in London from 2006 and as Country Head and Managing Director of the Italian entity, bearing responsibility for all the activities performed by Schroders Group in Italy, as well as Foreign Fund Managers’ representative in Assogestioni, Italian association of asset managers, as Board Member, and in IFI as Executive Board Member since 2002.

Before that, Carlo joined Intereuropa Sim S.p.A. as Head of Sales and Marketing, to create the sales division and to develop and manage the financial distribution network at national level, after having started his career in Financial Services joining Fideuram S.p.A. in Milan.  

Antonio Cavarero
Antonio Cavarero

Head of Investments

Antonio Cavarero was appointed Head of Investments at Generali Investments Partners S.p.A. Società di gestione del risparmio  in February 2020. 

GOVERNANCE AND LEGAL POLICIES

REPORT ON TOP 5 EXECUTION VENUES (GIP)
REPORT ON TOP 5 EXECUTION VENUES (GIP) - QUANTITATIVE SECTION
GENERALI INVESTMENTS PARTNERS ENGAGEMENT POLICY


CODE OF CONDUCT
+ ANNEXES
TRANSMISSION POLICY
CONFLICTS OF INTEREST POLICY
INFORMATION DOCUMENT - GENERALI INVESTMENTS PARTNERS S.P.A. SOCIETÀ DI GESTIONE DEL RISPARMIO
ARTICLES OF ASSOCIATION OF GENERALI INVESTMENTS PARTNERS S.P.A. SOCIETÀ
DI GESTIONE DEL RISPARMIO

Based in New York and registered with SEC, APERTURE INVESTORS LLC is a partnership between Generali Group and Mr Peter Kraus, former Chairman and CEO of AllianceBernstein. Aperture operates with an unconstrained investment approach and a unique fee model that aligns the company’s profitability with that of its clients. The company charges low, ETF-like fees when performance is at or below stated benchmarks. When and only when returns* are generated in excess of a strategy’s benchmark, Aperture Investors charges a performance-linked fee, and as such, investment teams are compensated primarily on outperformance.

 

*Investments involve risks. Past performance is not a reliable indicator of future performance and can be misleading. There can be no assurance that an investment objective will be achieved or that there will be a return on capital. You may not get back the amount initially invested..

GENERALI REAL ESTATE S.P.A. manages its operations across the different European markets through four operating platforms: Southern Europe (Italy and Spain), Western Europe (France and Benelux), Central and Northern Europe (Germany, Austria, Switzerland), Central and Eastern Europe (Czech Republic, Poland, Hungary, Slovakia, Bulgaria, Romania, Serbia and Montenegro).

GENERALI GLOBAL INFRASTRUCTURE is specialized in infrastructure debt investment strategies. Investment decisions, diversified by geographical area and sector, follow a rigotous approach in terms of credit quality profiles and ESG (Environmental, Social, Governance) criteria.

GENERALI INSURANCE ASSET MANAGEMENT S.p.A Società di gestione del risparmio is specialized in Liability Driven (LDI) solutions, leveraging a track record of solid performance in Generali Group insurance companies portfolios and pension funds mandates. The company applies the experience and know-how it has developed over time, the in-depth understanding of clients’ liability constraints, an effective risk management approach embedded in its investment process along with a range of proprietary analysis tools developed to support LDI management.

TOP MANAGEMENT

Santo Borsellino
Santo Borsellino

Chairman of the Board

Santo Borsellino is the Chairman of the Board of Generali Insurance Asset Management S.p.A. Società di gestione del risparmio. Before that, he was CEO of Generali Insurance Asset Management S.p.A. Società di gestione del risparmio;(the new name of the former Generali Investments Europe S.p.A. Società di gestione del risparmio) since June 2013. Prior to joining the company as Head of Equities in 2008, he gained extensive experience as an asset manager and equity analyst working for leading investment banks and asset management companies in London and Milan.

Santo graduated magna cum laude in Economics from the University of Bologna, and earned an MBA from the Tuck School of Business, Dartmouth University, United States.

Francesco Martorana
Francesco Martorana

Chief Executive Officer 

Francesco Martorana is the CEO of Generali Insurance Asset Management S.p.A. Società di gestione del risparmio since April 2019; he was Head of Investments since October 2017 until July 2019 , after having joined Generali Group in November 2013, serving as the Head of Group Asset Liability Management & Strategic Asset Allocation. In this capacity, he was also instrumental in outlining the new asset management strategy for the Group, which was announced in May 2017.

Prior to that, Francesco spent eight years at Allianz Group, holding several management positions in the investment department, and previously worked for Deutsche Bank and JPMorgan Chase.

Antonio Pilato
Antonio Pilato

Head of Investments

Antonio Pilato is the Head of Investments of Generali Insurance Asset Management S.p.A. Società di gestione del risparmio since July 2019.

Antonio Pilato was previously Head of Trading & Investment Management Support, a role he held since October 2018. Here, he was responsible for the execution of all the transactions performed on financial markets (Fixed Income, Equity, FX and Derivatives) and the activities related to the subscription and redemption of Funds units.

Prior to this, he had held various management positions in trading desk, portfolio engineering and derivatives in the Generali Group, which he joined in 1998.

Based in Milan and reporting to the CEO Francesco Martorana, Antonio leads a team of more than 50 investment professionals in Paris, Trieste, Cologne and Milan.

A CFA Charterholder, he holds a Master Degree in Economics from Roma Tre University in Rome.

 
Vincent Vinit
Vincent Vinit

Chief Risk Officer

Vincent Vinit is the Chief Risk Officer of Generali Insurance Asset Management S.p.A. Società di gestione del risparmio since July 2019 and Chief Risk Officer of Generali Real Estate S.p.A. since June 2016.

Prior to joining Generali, Vincent had been the Global Head of Risk Management & Compliance at AXA Real Estate since 2009. He previously worked for BNP Paribas, holding several functions, including for Group Risk Management.

Vincent, who started his career in 1998 as a consultant for Altran in Paris and Munich, holds an Executive MBA from HEC Paris and a Master Degree in Computer Science from Aix-Marseille University.

Vincent Chaigneau
Vincent Chaigneau

Head of Research

Vincent Chaigneau joined Generali Investments in August 2017 as the Head of Research and Head of Group Investment Strategy. In his current role, he is in charge of a unit currently consisting of 25 economists, strategists and credit/equity analysts based in Paris, Cologne, Trieste and Milan. In addition to this, he manages Generali’s Group Insurance Research, a 10-strong team covering insurance and financial service markets around the world and delivering proprietary industry forecasts, market intelligence and megatrend studies.

Vincent joined the Generali Group from Societe Generale Corporate & Investment Banking, where he spent 24 years between Paris, New York and London, last serving as the Co-Head of Fixed Income Research, and Head of Rates & FX Strategy.

A French citizen, Vincent Chaigneau holds a Master’s Degree in International Economics and Finance, and a Poprdraduate Degree in Economics and Finance from the University of Bordeaux.

GOVERNANCE AND LEGAL POLICIES

REPORT ON TOP 5 EXECUTION VENUES
REPORT ON TOP 5 EXECUTION VENUES - QUANTITATIVE SECTION
GENERALI INVESTMENTS INSURANCE ASSET MANAGEMENT ENGAGEMENT POLICY

EXECUTION AND TRANSMISSION POLICY
INFORMATION DOCUMENT - GENERALI INSURANCE ASSET MANAGEMENT
S.P.A. SOCIETÀ DI GESTIONE DEL RISPARMIO
ARTICLES OF ASSOCIATION OF GENERALI INSURANCE ASSET MANAGEMENT
S.P.A. SOCIETÀ DI GESTIONE DEL RISPARMIO
CODE OF CONDUCT
+ ANNEXES
CONFLICTS OF INTEREST POLICY

Based in London, Lumyna Investments Limited (Lumyna Investments) is the management company of the $11bn assets under management, multi-award winning Alternative UCITS platform Merrill Lynch Investment Solutions (MLIS).

The platform was launched in 2007 with the aim of bringing best-of-breed hedge fund managers to the European market via regulated, liquid and transparent UCITS vehicles and is now offering 16 sub funds employing a variety of alternative and traditional investment strategies.

The UCITS platform has been consistently voted as best platform (by HFM* in 7 of the last 8 years and by HFR** for the last 7 consecutive years) and is recognised as a leader in the delivery of Alternative UCITS funds.

*The annual HFM European Hedge Fund Services Awards are an evening of recognition and reward for those hedge funds and fund of hedge funds that have outperformed their peers over the past 12 months. **Every year, the Hedge Funds Review European Performance Awards reward genuine performance, quality and skill within the European hedge fund industry.

Source: CM Investment Solutions Limited, data as of November 2018. CM Investment Solutions Limited (“CMISL”) has re-branded to Lumyna Investments Limited (“Lumyna”). Prior to this CMISL was the management company to BAML’s funds business, with the award-winning Merrill Lynch Investment Solutions (“MLIS”) alternative UCITS funds platform at the core.

SYCOMORE ASSET MANAGEMENT SA (Sycomore AM), founded in 2001 and based in Paris, is an entrepreneurial asset management company significantly-owned by its founding partners and employees and specialised in listed company investments. Since its launch, Sycomore’s mission has been to deliver sustainable performance; this is achieved by identifying companies’ long-term levers for value creation. Sycomore AM’s expertise is driven by a field-approach and a proprietary fundamental research methodology including financial and extra-financial criteria. The firm’s 22 fund manager-analysts, including 8 ESG (Environment, Social, and Governance) specialists, assess the overall performance of a company in relation to its stakeholders:  shareholders, clients, employees, suppliers, civil society and environment.

Since 2015, Sycomore AM has expanded its range of social, societal and environmental impact funds: first with Sycomore [email protected], focused on human capital, then Sycomore Eco Solutions, dedicated to natural capital, and most recently, Sycomore Shared Growth, specialised in societal capital.

PLENISFER INVESTMENTS SGR (“Plenisfer”) is the only investment boutique in Italy, and one of the few in the world, to specialise in benchmark-free portfolios built through a multi-strategy approach aimed at achieving clear and measurable goals. Plenisfer was founded in May 2019 as a joint venture between four founding partners – Giordano Lombardo, Mauro Ratto, Diego Franzin and Robert Richardson – and the Generali Group, a majority shareholder with a 1-billion-euro commitment in the company’s first fund. The four co-founders have been working together for over 20 years and have assembled a multi-disciplinary team of senior experienced investors to build a robust team-based investment process that explicitly focuses on investing by objectives. The Company is headquartered in Milan and is opening offices in London and Dublin. It is regulated by the Bank of Italy and CONSOB for the activity of asset management companies (SGR).

 

MULTI-BOUTIQUE PLATFORM BENEFITS

Zasób 5

CUSTOMERS

Gain access to niche investment skills

Rely on experts selected by Generali Group based on knowledge and talent

Benefit from long-term attractive opportunities through distinctive investment strategies

house2

GENERALI

Broadens and diversifies investment solution offer

Invests in results-centred companies with a strong entrepreneurial drive

Selects quality partners to maximise returns on investment

house

BOUTIQUES

Keep their investment autonomy  

Leverage Generali Group’s strength, capital, customer focus, global reach and brand

Engage in an ecosystem ensuring consistency in the areas of risk control, audit and compliance

ASSET MANAGEMENT SERVICES

GENERALI INVESTMENTS HOLDING
GENERALI INVESTMENTS LUXEMBOURG

GENERALI INVESTMENTS HOLDING

GENERALI INVESTMENTS HOLDING S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include back office activities, organized to provide maximum efficiency; advanced reporting systems and sophisticated technological infrastructures. The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments’ companies.

TOP MANAGEMENT

Timothy Ryan
Timothy Ryan

Group Chief Investment Officer and CEO Asset & Wealth Management

Born in the USA in 1969 and British citizen, Timothy Ryan has been the Group Chief Investment Officer since January 2017.

After graduating with a PhD in Banking, Finance and International Trade from Bordeaux University in 1992, Tim started his career as a Quantitative Engineer with CCF (now HSBC). After expanding his responsibilities and a successfully growing the business as the Global Head of Equity, Tim moved to the AXA Group in 2000 as the Global Head of Quantitative Asset Management with AXA IM. In 2003, he relocated to Japan, first as the CIO of AXA Japan and later as the CIO for Asia. In 2008 he joined AllianceBernstein as Chairman and CEO for Japan. After the turnaround of the Japanese operation, Tim became Chairman and CEO of AllianceBernstein Ltd in London covering Europe, Middle East and Africa. When the region became a major contributor to the group, in 2015, Tim decided to take a sabbatical and enjoyed teaching Finance and supporting a large private equity firm in its acquisition projects.

Tim remains active in teaching Finance at various universities and business schools. He is passionate advocate of economic and finance literacy for children and young adults.

Dominique Clair
Dominique Clair

CEO Generali Investments Holding S.p.A. and Group Investments, Assets & Wealth Management Chief Operating Officer 

Dominique is CEO of Generali Investments Holding S.p.A. Having been with Generali Group since 2000, Dominique held responsible positions as Chief Operating Officer at Generali Investments Europe S.p.A. Società di gestione del risparmio (since 2010), Chief Executive Officer of Generali Investments Holding S.p.A. since 2013 and a Board Member of Generali Investments Luxembourg S.A. since 2014.

Prior to that, in 1993, he joined the corporate world in the Insurance sector, as Head of the Planning & Control Department at MAA Assicurazioni and then joined INA Assitalia in the same role. From 1989 to 1993 he worked for Eurosept Consulting (AT Kearney Group) in the Insurance Practice, after having started his career as an auditor for Coopers & Lybrand.

Dominique graduated from the École des Hautes Études Commerciales (HEC) in 1988.

GOVERNANCE AND LEGAL POLICIES

CODE OF CONDUCT
+ ANNEXES

Generali Investments Luxembourg S.A. (“GIL”), part of the Generali group, is a Luxembourg based management company authorized under Chapter 15 of the Law of 17 December 2010 relating to Undertakings for Collective Investments in Transferable Securities (UCITS) as well as an Alternative investment fund manager authorized under the Law of 12 July 2013 on alternative investment fund managers. As such, it offers the overall mandatory management company services for both UCITS and AIF products.

As Management Company, GIL manages investments on an international scale leveraging on the experience and professionalism of a team of world-class investment firms, including Generali Group asset management companies and boutiques as well as other major players whose capabilities are available through its fund offerings. GIL’s activities focus on the set-up of investment funds, designing structures and strategies adapted to different situations and investors. GIL’s risk management services are adjusted to the changing market environment while financial professionals supervise the day-to-day activities of the investment vehicle. As a result the investment managers can focus on their priorities while generating growth.

Based in Luxembourg, the largest fund center in Europe and the largest international hub for fund distribution, GIL benefits from an efficient and reliable fund infrastructure. The Management Company offers a wide range of fund structures such as UCITS, real estate funds, SIFs, AIFs and non-UCITS vehicles. In addition, being based in Luxembourg, GIL is regulated by a sophisticated but pragmatic legal and regulatory framework.

TOP MANAGEMENT

Pierre Bouchoms
Pierre Bouchoms

General Manager

Before joining Generali, Pierre Bouchoms was Director for Global Fund Services at PwC Luxembourg, co-General Manager of Eurizon Capital S.A., COO of Penghua Fund Management and General Manager at Sanpaolo Services Luxembourg. He has covered various role in the Fund industry among which facing the distribution challenge in various locations from South America to Asia.

Languages: English, French, Italian

Guillaume Grange
Guillaume Grange

Conducting Officer

Guillaume Grange is Conducting Officer of Generali Investments Luxembourg S.A. since May 2016, in charge of Legal, Compliance and Business Support areas. Guillaume works in the Luxembourg Fund industry since 1999. Before joining Generali Group in 2014, Guillaume worked as Deputy Head of Fund Structuring Department of CACEIS Bank Luxembourg for 9 years. He also worked as Senior Legal Advisor for Sanpaolo-IMI Group’s companies in Luxembourg for 5 years.

Guillaume holds a Master’s degree in Business Law from the University of Nancy (France).

Languages: English, French, Italian

Davide Pavese
Davide Pavese

Conducting Officer

Davide Pavese is Conducting Officer of Generali Investments Luxembourg S.A. since May 2016, in charge of Risk Management, Valuation, Investment Compliance and Outsourcing Oversight areas. Davide works in the Fund industry since 1996.  Before joining Generali Group in 2014, Davide worked as Head of Risk Management and as Portfolio Manager at Eurizon Capital S.A. for 9 years. He also worked as Portfolio Manager for Reale Mutua Assiurazioni Group in Italy for 4 years and previously for Intesa-Sanpaolo Group’s companies in Luxembourg and in Italy for 5 years.

Davide holds a Bachelor in Business Administration from the School of Management in Turin (Italy).

 

GOVERNANCE AND LEGAL POLICIES

DATA PRIVACY STATEMENT
BEST EXECUTION STATEMENT
COMPLAINTS HANDLING STATEMENT
REMUNERATION POLICY STATEMENT
VOTING RIGHTS STATEMENT

GENERALI GROUP: OUR PARENT COMPANY***

0
MILLION CUSTOMERS
0
THOUSAND EMPLOYEES
0 +
THOUSAND AGENTS
0 Bn
IN PREMIUMS
0 Bn
ASSETS UNDER MANAGEMENT
TOP 0
LARGEST COMPANY IN THE WORLD****

CONTACT US

CHOOSE AN OFFICE

Please choose an office to display contact details.

REQUEST INFORMATION

Feel free to contact us if you would like further information about Generali Investments.

*This website is provided by Generali Investments and is considered as a marketing communication and financial promotion related to the products and services of the following companies belonging to the Generali group: Generali Investments Partners S.p.A. Società di gestione del risparmio, Generali Insurance Asset Management S.p.A. Società di gestione del risparmio and Generali Investments Holding S.p.A. (hereinafter jointly, Generali Investments).

**Source: Generali Investments Partners S.p.A. Società di gestione del risparmio. Data include AuM of Generali Investments Partners S.p.A. Società di gestione del risparmio and Generali Insurance Asset Management S.p.A. Società di gestione del risparmio, as at 30 September 2020.

*** Source: Generali Group, data as at 30 June 2020.

**** Source: Fortune Global 500, 2019.