Italy: Three sparks needed to ignite the Italian pensions market
State Street Global Advisor (SSGA) is one of the leading Italian institutional asset managers, managing €10bn of domestic institutional investors’ funds as of June 2013. It holds 13 mandates from closed pension schemes such as Cometa and Fonchim and 15 mandates from casse di previdenza, a sector where the Milan-based asset manager is the undisputed leader, giving the firm a broad view of the Italian institutional investment market. Marco Fusco, SSGA’s head of southern Europe outlined the three sparks he believes are needed to ignite the Italian market.
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