mast image

Special Report

Impact investing


Crédit Agricole wins Italian institutional brief

ITALY – The Milan based Italian arm of French group, Crédit Agricole Asset Management (CAAM), CAAM Sgr, has won an index-linked structured equity mandate from Parma based insurance group, Po’Vita, The size of the mandate will be between €45m and €65m.

Po’Vita, already has €15m of CAAM’s SICAV CA-Funds in its unit linked multi-manager product and is considering further investments in this area.

In addition, banking group, Caripalma, which owns 50% of Po’Vita, is in discussion with CAAM Sgr about the possible placement of a further €150m into Crédit Agricole funds.

Caripalma is said to be keen to build on its current relationship with CAAM, with particular interest in its GPF strategy, which is trust management through funds with guaranteed capital and bonds being indexed to Crédit Agricole mutual funds.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2558

    Asset class: Private Equity.
    Asset region: Global or Swiss.
    Size: USD $5-10m.
    Closing date: 2019-08-20.

  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
    Size: EUR 15m (may be split into two mandates EUR 7.5m).
    Closing date: 2019-09-06.

  • QN-2560

    Asset class: Private Equity.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

  • QN-2561

    Asset class: Infrastructure.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

Begin Your Search Here