Carlo Trabattoni
CEO Asset & Wealth Management Business Unit
Our Multi-Boutique Platform
Where Specialisation 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.
177
Years of experience
€538bn
Assets under management
1120+
Asset managers and specialists
14+
Countries covered
7
Specialized investment boutiques
1
Main distribution hub
*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, Generali Insurance Asset Management S.p.A. Società di gestione del risparmio, Generali Real Estate S.p.A., Generali Global Infrastructure, Lumyna Investments Limited, Sycomore Asset Management, Aperture Investors, LLC., Plenisfer Investments SGR and Generali Investments CEE as at 30 June 2021.
Your Partner for Progress
Our Ecosystem of asset management firms
Delivering a portfolio of specialist capabilities.
Our asset management firms
Multi-boutique platform
The key to our multi-boutique platform can be found in the focus and quality of the capabilities shared with our clients. We only invest* in best-in-class, specialized boutiques that broaden our existing skillsets and strengthen the value we generate. Those we select are highly specialized firms, fully focused on specific asset classes or investment approaches in order to maximize long-term performance. Each boutique maintains full investment autonomy, while at the same time leverages the Generali Group’s inherent strengths in terms of scale, reach, capital and focus on client.
Generali Investments’ multi-boutique platform is part of the Generali Asset & Wealth Management Business Unit which gathers the Group’s companies operating in asset management and wealth management in one entity.
* The strategies do not guarantee capital gains and the invested capital may be lost.
Generali Investments Partners
Real Estate
Generali Insurance Asset Management
Generali Investments Holding
Generali Investments Luxemburg
Generali Investments Partners
Generali Investments Partners* is the Distribution hub, acting as lead multi channel, multi client, relationship manager of the offering of all the companies part of the multi-boutique.
The company also has in-house investment capabilities in fixed income, thematic equities and multi asset/balanced portfolios along with alternative asset classes, on top of a sound expertise in asset managers selection available through wide fund of funds range.
Focus: fixed income, thematic equity and multi-asset funds. Fund of funds public and private assets.
*The company full legal name is Generali Investments Partners S.p.A. Società di gestione del risparmio.
Top Management
Generali Investments Partners
Governance and Legal Policies
Remuneration Policy Summary 2021 Generali Investments Partners SGR
October 14th, 2021PolicyGIP ǀ Information Document
September 30th, 2021Information DocumentInvestor Rights Summary for Marshall Wace UCITS Funds PLC
August 31st, 2021PDFGIP ǀ Information on the integration of sustainability in Remuneration
August 6th, 2021RemunerationEngagement Policy - Generali Investments Partners
July 25th, 2021PolicyReport on Top 5 Trading Venues (GIP)
April 26th, 2021PDFGIP Sustainability Policy and Adverse Sustainability Impact Statement
March 8th, 2021Sustainability PolicyGIP - Active Ownership Report 2020 - Annex I
February 26th, 2021Active OwnershipGIP - Active Ownership Report 2020 - Annex II
February 26th, 2021Active OwnershipReport on top 5 execution venues (GIP)
June 30th, 2020Execution StrategyReport on top 5 execution venues (GIP) - quantitative section
June 30th, 2020Execution StrategyTransmission policy
November 20th, 2018PolicyCode of conduct + annexes
October 30th, 2018CodeGIP I Conflicts of Interest Policy
October 4th, 2018PolicyArticles of association of Generali Investments Partners s.P.A. Società di gestione del risparmio
October 3rd, 2018Articles of AssociationAperture Investors
Unconstrained investment approach and a unique fee model aligning the Fund Manager incentives with client performance. Fixed income and equity funds.
Based in New York and registered with SEC, Aperture Investors* 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.
*The company full legal name is Aperture Investors, LLC.
*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.
Lumyna Investments
One of the oldest, largest and most successful Alternative UCITS providers in Europe.
Based in London, Lumyna Investments* is the management company of the $18.6bn assets under management, multi-award winning Alternative UCITS funds platform –Lumyna Funds**.
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 a wide range of sub funds employing a variety of alternative and traditional investment strategies.
The UCITS platform has been consistently voted as best platform (8 times winner of Best UCITS Platform at the HFM European Hedge Fund Services Awards***) and is recognised as a leader in the delivery of Alternative UCITS funds.
* The company full legal name is Lumyna Investments Limited
** Source: Lumyna Investments Limited. Data as of 30 Aug. 2021. ***Every year, the Hedge Funds Review European Performance Awards reward genuine performance, quality and skill within the European hedge fund industry.
Generali Real Estate
Real estate investments and asset management, both equity and debt. Fully integrated real estate player, with the capabilities to cover all the steps of the asset life-cycle.
Generali Real Estate* manages its operations across the different European markets through four operating platforms: Southern Europe, Western Europe, Central and Northern Europe, Central and Eastern Europe.
*The company full legal name is Generali Real Estate S.p.A.
Sycomore Asset Management
Focus: ESG investments and sustainable performance through a range of funds investing in various asset classes.
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 Happy@Work, focused on human capital, then Sycomore Eco Solutions, dedicated to natural capital, and most recently, Sycomore Shared Growth, specialised in societal capital.
*The company full legal name is Sycomore Asset Management
Generali Global Infrastructure
Investments with a sustainable mindset
Generali Global Infrastructure (GGI) focuses on responsible investments with a positive impact, combining financial and extra-financial performance. GGI invest in themes strategic for society, such as energy transition, renewable energy, green mobility, digital transition and social infrastructures. These strategies, coupled with a high selectivity in the investment process, generate sustainable value over the long-term.
Plenisfer Investments
Focus on total return and global multi asset solutions with a distinctive and innovative investment process.
Plenisfer Investments* (“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 has offices in London and Dublin. It is regulated by the Bank of Italy and CONSOB for the activity of asset management companies (SGR).
* The company full legal name is Plenisfer Investments SGR
Generali Insurance Asset Management
Capabilities in Asset Liability Management (ALM), Strategic Asset Allocation (SAA) and Capital Management.
Generali Insurance Asset Management* (GIAM) 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.
*The company full legal name is Generali Insurance Asset Management S.p.A. Società di gestione del risparmio.
Top Management
Governance and Legal Policies
Remuneration Policy Summary 2021 Generali Insurance Asset Management SGR
October 14th, 2021PolicyGIAM ǀ Information Document
September 30th, 2021Information DocumentGIAM ǀ Information on the integration of sustainability in Remuneration
August 6th, 2021RemunerationEngagement Policy - Generali Investments Insurance Asset Management
July 30th, 2021PolicyTop 5 Trading Venues (GIAM) - Reception and transmission of orders ("RTO")
April 27th, 2021PDFTop 5 Trading Venues (GIAM)
April 27th, 2021PDFGIAM Best Execution Policy
March 31st, 2021Best ExcecutionGIAM Best Execution Policy – Annex A List of Authorized Brokers
July 27th, 2021Best ExcecutionGIAM I Best Execution Policy – Annex B: List of Execution Venues
March 31st, 2021Best ExcecutionGIAM Sustainability Policy and Adverse Sustainability Impact Statement
March 8th, 2021Sustainability PolicyGIAM - Active Ownership Report 2020
February 26th, 2021Active OwnershipGIAM - Active Ownership Report 2020 - Annex I
February 26th, 2021Active OwnershipGIAM - Active Ownership Report 2020 - Annex II
February 26th, 2021Active OwnershipArticles of association of Generali Insurance Asset Management
February 20th, 2020GIAM ǀ Code of conduct + annexes
October 30th, 2018CodeGIAM ǀ Conflict of Interest Policy - Extract
October 4th, 2018PolicyGenerali Investments Holding
Generali Investments Holding* 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.
*The company full legal name is Generali Investments Holding S.p.A.
Top Management
Governance and Legal Policies
GIH ǀ Information on the integration of sustainability in Remuneration
March 10th, 2021RemunerationGIAM ǀ Code of conduct + annexes
October 30th, 2018CodeChief Executive Officer of Generali Investments Holding
Carlo Trabattoni joined Generali in September 2017, as Head of Generali Investments Partners and was appointed as Chief Executive Officer within the A&WM Business Unit in March 2021. In June 2021, he was also appointed Chief Executive Officer of Generali Investments Holding
Prior to this, 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.
Generali Investments Luxembourg
Generali Investments Luxembourg* (“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.
*The company full legal name is Generali Investments Luxembourg S.A.
Top Management
Mattia Scabeni
Chief Executive Officer
Governance and Legal Policies
Generali K-Europe Investment RAIF ǀ Article 10 Disclosure – EU SFDR
December 7th, 2021PDFGIL ǀ Investor Rights Summary
November 29th, 2021PDFComplaints Handling Policy statement
November 12th, 2021Complaints HandlingInvestor Rights Summary for Marshall Wace UCITS Funds PLC
August 31st, 2021PDFBest execution statement
June 30th, 2021Best ExcecutionOLDGIL I Sustainability risk policy and principal adverse impact statement
June 30th, 2021PolicyRemuneration policy statement
March 1st, 2021RemunerationData privacy statement
May 31st, 2018PrivacyVoting rights statement
July 3rd, 2017Voting RightsPlatform Benefits
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
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
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
Generali Group: Our parent company***
61.1
MILLION CUSTOMERS
67
THOUSAND EMPLOYEES
46
COUNTRIES
€65.5Bn
IN PREMIUMS
€615Bn
ASSETS UNDER MANAGEMENT
TOP129
AMONG THE TOP 100 SUSTAINABLE COMPANIES ****
*** Source: Generali Group, data as at 31 December 2020.
**** Source: Corporate Knights’ ranking “2020 Global 100 Most Sustainable Corporations”
