Latest news and analysis of pensions, asset management, regulation and trends in Italy from our award-winning journalists.
COVIP report shows investments in government bonds decreased from 37.3% to 35.5%
Arco Fondo Pensione, Concreto, Prevedi, Laborfonds, Byblos and Pegaso contributed with a total of €120m
Like many of his counterparts at large asset management firms, Sandro Pierri is mindful of how global trends are influencing his clients and the best ways for his firm to address them.
The pension fund’s investment strategy review has led to an increase of the risk profile of its three sub-funds ‘Monetario Plus’, ‘Reddito’ and ‘Crescita’
The Recovery and Resilience Facility (RRF) is the center piece of the Next Generation EU (NGEU) with funds worth €723.8bn
The fund’s strategic position combines liquidity and short-term bonds, with funds investing in precious metals and high-quality equity investments
The schemes are advising members to avoid switching investment options
Pension schemes investing in Italy’s central bank include Fondenergia, FondoPoste, Enpam and Inarcassa
Proposal: all employees, or at least new hires, would enrol in pension schemes for a trial period of 12 months
Plus: Priamo’s challenges, Previmoda’s returns on equities, fondo pensione Deutsche Bank skips engagement
Italy may be on the verge of overhauling its pension system, but there are signs the reform project lacks ambition
Plus: Inflation-linked bonds keep up returns at Gomma Plastica, Prevaer’s linea dinamica tops performance
The negative impact of past reforms on pensions for women was discussed, among other things
The fund is embracing thematic investments and Paris-aligned benchmarks
Plus: Inarcassa increases exposure to ESG for European equities; AUM growth for industry-wide schemes slows down
Italian policymakers are discussing further changes to the pension system but are reluctant to address the fundamental problems
Plus: Priamo picks Link Institutional Advisory as financial adviser
Plus: DAX companies’ pension assets rise
Italian pension funds are growing their allocation to illiquid asset classes at an increasing pace, spearheaded by a number of innovative institutional collaborations. In addition, the sector is more and more making investment choices with ESG factors in mind, as we analyse in our latest in-depth on Italy’s pensions. The report examines the impact of COVID-19 on the health of the country’s second-pillar pensions system, and finds why its future growth is dependent on more decisive policymaking.
Italian pension funds continue to invest in private markets ahead of a potentially promising post-Covid recovery phase
Italy’s second-pillar pension system is developing but the industry awaits more decisive policymaking
Italian pension funds are increasingly making their investment choices with ESG factors in mind
Ivonne Forno, former CEO of Laborfonds, reflects on her experience of building one of Italy’s most successful pension institutions