Latest Italy News
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NewsMonte dei Paschi scheme seeks asset managers for DB sub-fund, private equity
The pension fund is looking for an asset manager to invest €70-80m in private equity and another for €80m to run its DB sub-fund
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NewsEnpam overturns deficit forecast with €826m profit on invested assets
The scheme will end the current year with a budget surplus of €484m, a result that overturns the previous outlook of a deficit amounting to €84m
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NewsInarcassa expects €1.2bn budget surplus as it implements new strategy
Budget surplus is result of income from members’ contributions and expenses for pensions paid, returns on invested assets, and operational costs
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NewsAssoprevidenza to rank asset managers on ESG grounds
Assoprevidenza, the Italian association of the complementary pension sector, will start ranking asset managers according to their ESG strategies and the role played by sustainability in governance processes, it announced today. The members of the association will use the metric provided by research company ET.Group to rank asset managers, tender ...
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NewsPope calls for review of Vatican pension system to improve financial outlook
Pope Francis appoints Cardinal Kevin Farrell as sole administrator of the Vatican pension fund
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NewsAdepp, ABV call for improving EU framework for private markets investments
Associations highlight need for a common, stable framework on risk calculation and reporting systems
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NewsItalian pension funds call for action to boost pension membership
Assofondipensione proposes new ‘silent consent’ mechanism
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NewsItaly’s CDC scheme to invest €1.1bn across equities, bonds, alternatives
The scheme will invest 72.4% of the €1.1bn planned for next year in bonds, 4.5% in equities, and 23.1% in illiquid alternatives, including real estate
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NewsItalian pension funds look to expand voting, engagement next year
Assofondipensione’s goal is to also be able to vote in companies in the US and Canada
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NewsFondo Espero picks Eurizon to run new ‘Dinamico’ sub-fund
The pension fund has set up the new ‘Dinamico’ option for riskier investments, in addition to a life cycle investment option
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NewsFondenergia picks UBS AM to invest sub-funds assets
Credit Suisse Italy is replaced by UBS AM in Garantito’ sub-fund and government bonds (excl euro) in its ‘Bilanciato’ sub-fund
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NewsItalian schemes team up for public equity investment to bolster domestic economy
The pension fund quartet is creating a consortium for public equity allocations to benefit from tax breaks at mandate level
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NewsItaly’s pension fund for notaries ponders first move into private debt
Cassa Nazionale del Notariato currently has 3-4% invested in private equity and infrastructure funds
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NewsAUM of Italy’s first pillar schemes shoots up by 10%
Over the last 10 years, the AUM volume of Italian pension schemes has grown by €48.4bn, according to Covip
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NewsItalian pension funds’ ESG policies on right path, but shortfalls emerge
Research shows that 60.17% of schemes have drafted an ESG investment policy, as of this year, up from 37.50% in 2019
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NewsInarcassa to boost alternatives with €900m investment
The boost represents an increase of 6.3% compared to the current allocation level
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NewsLaborfonds tenders eight equities, bonds mandates worth €2.8bn
The deadline for applications has been set for 8 November
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NewsFondo Telemaco seeks asset managers for mandates worth €2.2bn
The deadline for asset management firms to participate has been set to 5 November
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NewsSNB Bills emerge as new tool for Swiss schemes’ liquidity management
SNB Bills can play an important role in negotiations with banks on interest rates, says PPCmetrics’ Lukas Riesen
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NewsItalian pension funds ask for tax concessions to invest in real economy
It is necessary to simplify legislation to effectively enforce and reap the benefits of tax exemptions, says Assofondipensione’s Giovanni Maggi
