IPE's Italy Coverage
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NewsFondo Telemaco reshapes investment portfolio with new managers for €2.4bn
The appointments are part of a broader shift in the fund’s asset allocation, aimed at increasing equity exposure and simplifying its fixed income structure
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AnalysisHow Italy’s first-pillar pension funds are navigating uncertainty
Enpab and Inarcassa have made bold asset allocation decisions to contain drawdowns, while Cassa Nazionale del Notariato is relying on diversification
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NewsFopen selects Schroders for €120m private equity mandate
The pension fund for energy firm Enel is also boosting exposure to private debt, committing €105m through Progetto Zefiro
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NewsItaly’s Previndai sidesteps defence play despite sector boom
No changes to the strategic asset allocation are expected in relation to the announced European ‘rearmament’ plan, says Previndai
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NewsItalian private credit-focused DC consortium commits more capital, turns to ELTIF
Progetto Zefiro, the consortium of Italian DC pension funds dedicated to private credit, is making new commitments, to be deployed via ELTIF vehicles
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NewsItalian investors grapple with ban on controversial weapons investments
Pension regulator COVIP, Bank of Italy, IVASS, and the Ministry of Finance published guidelines but no exclusion list
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NewsEnpam targets innovative firms with €190m investment
The Italian pension fund for doctors plans to keep its private markets allocation stable, targeting 12-13% returns in private equity and 7-8% in private debt
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NewsCONSOB committee pushes to force Italian schemes to invest in SMEs’ equities
Italian pension funds only invest 1.8% of total assets in equities of domestic companies, according to pensions regulator COVIP
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NewsItaly’s fund for journalists records lower returns with new strategy
INPGI’s new strategy for the period 2024-2026 will see cutting its exposure to fixed income from 54% to 48%
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NewsInstitutional investors play key role in strengthening equity markets, says Consob
Institutional investors tend to shy away from investing in the Italian equity market, according to Italian securities market regulator
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NewsFondaereo selects asset managers as it sets up new sub-funds
The scheme is selecting managers to invest assets worth €265m
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NewsInarcassa re-invests assets in sustainable high yield bonds
The scheme also plans to boost in the next five years its alternative investments by over €900m
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NewsTech stocks, private markets bump up Previmoda’s returns
The scheme’s sub-funds ‘Smeraldo Bilanciato’, ‘Rubino Azionario’ and ‘Garantito’ have seen returns of 6.05%, 8.84% and 4.13%, respectively
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NewsFonchim’s sub-fund records return over 10%
Sub-fund ‘Crescita’ returned 10.32% last year, just above its benchmark of 10.11%, surprisingly facing low volatility during the year
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NewsNorway’s SWF puts Fincantieri under scrutiny over working conditions
NBIM takes Polish energy firm Orlen off observation list after press freedom concerns allayed
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NewsGenerali Italia boosts investments in domestic private assets to €4.7bn
Increasing investments in the domestic economy are linked to the growth of the supplementary pension sector
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NewsItaly’s complementary pension schemes records 8.2% assets growth
Assets under management for complementary pension schemes in Italy increased to €243bn in 2024
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NewsCassa Geometri plans €150m private equity investment
The scheme will pursue buy-out and growth capital strategies, investing in primary or secondary markets
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NewsPrevAer shifts to multi-asset strategy
Eurizon will run the strategy across the scheme’s three sub-funds through Alternative Investment Funds
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NewsGenerali Investments buys majority of MGG Investment for $320m
The acquisition comes as Generali is close to creating a joint venture with Natixis Investment Managers
