Domestic players continue to dominate Italy’s insurance-heavy €787bn institutional asset management market, with Generali Asset Management, Intesa Sanpaolo’s Eurizon and Banco BPM’s Anima taking the top slots.
Pensions are a smaller slice of the market, coming in at just over €100bn in terms of asset management (AUM), or 14% of the total institutional marketplace. Here, the competitive landscape is more mixed, with international asset managers taking more of the top positions – Amundi, AXA IM and AllianzGI are in third, fourth and fifth position, after Anima. Eurizon dominates pensions, with a market share of 25% of total AUM, while Generali enjoys a similar share of the overall institutional market. Other institutional clients in the Italian market include domestic banking foundations.
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This summary shows headline data. The full dataset includes more detailed data on individual managers and is available to subscribers at ipe.com/research. To subscribe to IPE visit ipe.com/membership and for further information about the research, contact dominic.gane@ipe.com
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