About Generali Asset Management

Key data1

Total AuM including Generali Group assets

Investment Professionals

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Generali Asset Management* is a European investment specialist within the Generali Investments ecosystem. We leverage on our broad, multi-dimensional capabilities to manage portfolios for institutional investors alongside offering a diversified range of active funds that span both listed and private markets.

Our extensive investment experience is backed by a solid heritage built through our history of managing assets for Generali Group and external clients. Fixed income is in our company DNA. It lies at the heart of our approach, driven by strong investment skills that have been developed and honed over time. Alongside this, to enhance diversification, we have developed a targeted range of equity, multi-asset and quantitative portfolio management funds and strategies to provide the essential benefits of yield enhancement.

We aim to offer clients one stable investor partner equipped with the right skills and capabilities to best serve their unique needs and help them achieve their investment goals.

We also offer investors the opportunity to invest in private markets alongside Generali Group, one of the world’s largest asset owners and a cornerstone investor for many of these strategies. With a proven track record in managing private market portfolios, our offer aims to help investors achieve their investment goals while, at the same time, contributing to the real economy.

Our seasoned investment teams share deep regulatory expertise and are amply supported by our sizeable proprietary macro, market, credit, equity, quant and ESG research resources.

Finally as responsible stewards of capital, ESG is embedded throughout our investment processes, and we are a signatory to the United Nations Principles for Responsible Investment (UN PRI).

Part of Generali Investments2

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Established in 1831, Generali Group is one of the largest global insurance and asset management providers, operating in 50 countries worldwide.

With €504.9 bn AUM and more than 1200 specialists, Asset management is mainly performed through Generali Investments: an ecosystem of asset management firms, delivering a portfolio of specialist capabilities, operating in 15 countries worldwide.

With the stability of our backing, the platform enables investors to access distinctive strategies and experts' insights.

Generali supports each firm to innovate and grow with full investment autonomy ensuring they’re set up to develop sustainable and innovative solutions.

We aim to help investors unlock opportunities to generate long-term performance.

Source: Generali Group, as at end of June 2023.

Governance and Legal Policies

GIAM I Top 5 Trading Venues
April 12th, 2024PDF
GIAM I Top 5 Trading Venues - Reception and transmission of orders
April 12th, 2024PDF
GIAM ǀ Active Ownership Report 2023
December 31st, 2023Active Ownership
GIAM ǀ Active Ownership Report 2023 - Annex I
December 31st, 2023Active Ownership
GIAM ǀ Active Ownership Report 2023 - Annex II
December 31st, 2023Active Ownership
Generali Asset Management ǀ Sustainability Policy
January 1st, 2024Sustainability Policy
Sustainability Policy ǀ Annex 1: Coal and Unconventional Oil & Gas Sector Exclusion
January 1st, 2024Sustainability Policy
Sustainability Policy ǀ Annex 2: Controversial Weapons & Controversies Exclusion
January 1st, 2024PDF
Generali AM I Information Document
January 1st, 2024Information Document
Generali AM I Engagement Policy
January 1st, 2024PDF
Generali AM ǀ Conflict of Interest Policy
January 1st, 2024PDF
Generali AM I Best Execution Policy
January 1st, 2024Best Excecution
Generali AM I Best Execution Policy - Annex I: List of Brokers
January 31st, 2024Best Excecution
Generali AM I Best Execution Policy – Annex II: List of Execution Venues
January 1st, 2024Best Excecution
GIAM ǀ 2023 Informazioni sull'integrazione della sostenibilità nella remunerazione
November 18th, 2023Remuneration
GIAM ǀ Whistleblowing Policy
August 1st, 2023PDF
GIAM I Active Ownership Report 2022
February 28th, 2023Active Ownership
GIAM ǀ Active Ownership Report 2022 - Annex I
February 28th, 2023Active Ownership
GIAM ǀ Active Ownership Report 2022 - Annex II
February 28th, 2023Active Ownership
GIAM ǀ Adverse Sustainability Impact Statement
February 15th, 2023PDF
GIAM ǀ Remuneration Policy Summary 2023
October 4th, 2023Remuneration
GIAM ǀ 2022 Informazioni sull'integrazione della sostenibilità nella remunerazione
November 18th, 2022Remuneration
GIAM ǀ Modello di organizzazione e gestione ex d. lgs. 231/01
October 26th, 2022PDF
GIAM Controversial Weapons & Controversies Exclusion Policy
July 27th, 2022Policy
GIAM I Active Ownership Report 2021
February 24th, 2022Active Ownership
GIAM Active Ownership Report 2021 - Annex I
February 24th, 2022Active Ownership
GIAM Active Ownership Report 2021 - Annex II
February 24th, 2022Active Ownership
GIAM Active Ownership Report 2020 - Pursuant to SHRD II
February 26th, 2021Active Ownership
GIAM - Active Ownership Report 2020 - Annex I
February 26th, 2021Active Ownership
GIAM - Active Ownership Report 2020 - Annex II
February 26th, 2021Active Ownership
GIAM Active Ownership Report 2019
February 21st, 2020Active Ownership
Articles of association of Generali Insurance Asset Management
February 20th, 2020
GIAM Active Ownership Report 2018
February 25th, 2019Active Ownership
GIAMI Execution and Transmission Policy
January 1st, 2020PDF

Whistleblowing

GIAM ǀ Whistleblowing Policy
August 1st, 2023PDF

Complaints Handling

Complaints handling

 

The Company has adopted an appropriate procedure to ensure prompt handling of complaints from Clients/Investors (the “Complaints Management” Operating Procedure).

The procedure adopted provide for records to be kept of the essential elements of each complaint received and of the measures implemented to solve the issue.

 

The Compliance Function is the organisational structure responsible for handling complaints.

 

Complaints must contain:

i)                    the complainant’s details;

ii)                   the reasons for the complaint;

iii)                  the signature or similar reference allowing the Client to be identified with certainty.

 

All complaints must be sent in writing to the Compliance Function:

 

  • in Italy to:

Generali Investments Partners S.p.A. Società di gestione del risparmio

Compliance Function,

Piazza Tre Torri, 1

20145, Milano

Italia

or to the following email address: InvestmentsCompliance@generali.com

 

  • in France to:

Generali Investments Partners S.p.A. Società di gestione del risparmio, French Branch  

Rue Pillet Will, 2

75009, Paris

France

or to the following email address: InvestmentsCompliance@generali.com

 

  • in Germany to:

Generali Investments Partners S.p.A. Società di gestione del risparmio, German Branch

Tunisstraße 29

50667-Cologne,

Deutschland

or to the following email address: InvestmentsCompliance@generali.com

  • in Spain to:

Generali Asset Management S.p.A. Società di gestione del risparmio, Iberian Branch

Plaza de Manuel Gómez-Moreno 5, 28020 Madrid

or to the following email address: InvestmentsCompliance@generali.com.

 

The final outcome of the complaint, containing the Company’s decisions, will, as a rule, be communicated in writing to the Client/Investor within 60 days from receipt.

Reporting

Generali Money Market Fund

Generali Money Market Fund - Class A

LU1079698293 - Reporting settimanale

Generali Money Market Fund - Class B

LU1079698533 - Reporting settimanale

Sustainability-related disclosures

General information on the company

Company data

The Company, having its registered office / branch

-        in Italy, in Trieste, Via Machiavelli no. 4 (tel. 040671111) and operative offices in Milan 20145, Piazza Tre Torri 1,

-        in France - Paris Cedex 09, 2 Rue Pillet-Will 75309 and

-        in Germany - 50667 Cologne, Tunisstraße 29 and secondary branch in 60318 Frankfurt am Main, Oeder Weg 151.

and with operational offices in Italy located in

-        Trieste 34132, Piazza Duca degli Abruzzi, no. 1 and in

-        Rome 00187, Via Leonida Bissolati no. 23,

belonging to the Assicurazioni Generali Group, subject to the management and coordination of Generali Investments Holding S.p.A., Tax Code and entry in the Venezia Giulia Trade Register no. 05641591002, VAT number 01004480321 is an Asset Management Company authorised by a provision of the Bank of Italy on 8 May 1999 and entered in the Register of Italian asset management companies in the UCITS Section under no. 18 and in the AIF Section under no. 22.

  

Means of communication between the Client and the Company

Communications of any kind between the Client/Investor and the Company concerning the provision of the services, including the sending of any orders (special instructions) to the Company by the Client, must be in writing and must be sent:

 

in Italy, to

  • Generali Asset Management S.p.A. Società di gestione del risparmio, 34132, Piazza Duca degli Abruzzi, no. 1, Trieste

and / or

  • Generali Asset Management S.p.A. Società di gestione del risparmio, 20145, Piazza Tre Torri 1, Milano

or to any different address and with any different procedures that may be agreed upon with the Client/Investor and indicated in the relative agreements for the Services;

     

in France, to

  • Generali Asset Management S.p.A. Società di gestione del risparmio, French Branch – 2 Rue Pillet-Will , 75309 Paris Cedex 09,

or to any different address and with any different procedures that may be agreed upon with the Client/Investor and indicated in the relative agreements for the Services;

                 

in Germany to

  • Generali Asset Management S.p.A. Società di gestione del risparmio, Zweigniederlassung Deutschland - 50667 Cologne, Tunisstraße 29

or to any different address and with any different procedures that may be agreed upon with the Client and indicated in the relative agreements for the Services.

Investment services and activities that can be exercised

The Company is authorized by the Bank of Italy to carry out the following investment services and activities:

  • Individual portfolio management service[1];

  • reception and transmission of orders[2] (“RTO[3]);

  • investment advice[4];

  • marketing of the units and shares of its own and third parties’ UCITSs and AIFs (the “Funds”)

  • collective investment portfolio management;

(the “Services”).


[1] Mandate given by clients for the management, on a discretionary and individualized basis, of investment portfolios that include one or more financial instruments (Italian Legislative Decree No. 58 of 24 February 1998 (“TUF”), according to article 1, clause 5-quinquies)

[2] Concluding agreements to buy or sell one or more financial instruments on behalf of clients, including concluding agreements to subscribe to or buy or sell financial instruments issued by an investment firm or a bank at the time of their issue (Italian Legislative Decree No. 58 of 24 February 1998 (“TUF”), according to article 1, clause 5-septies.1)

[3] Currently GIAM  provides the RTO service only for the benefit of Generali Investment Partners SPA Società di Gestione del Risparmio.

[4] the provision of personalised recommendations to a client, at its request or at the initiative of the service provider

of the service, in respect of one or more transactions relating to financial instruments (Italian Legislative Decree No. 58 of 24 February 1998 (“TUF”), according to article 1, clause 5-septies)

del servizio, relativamente ad una o più operazioni relative a strumenti finanziari (Decreto Legislativo 24 febbraio 1998, n. 58 ("TUF"), ai sensi dell'articolo 1, comma 5-septies).

Arbitro per le controversie finanziarie (ACF)

* Full legal name: Generali Asset Management S.p.A. S.p.A. Società di gestione del risparmio

The company was previously, until 31 December 2023, named Generali Insurance Asset Management S.p.A. Società di gestione del risparmio. Source: Generali Asset Management S.p.A. Società di gestione del risparmio (“Generali AM”) as at HY 2023. Kindly note that on 1 January 2024, Generali Investments Partners S.p.A. Società di gestione del risparmio has been merged by incorporation into Generali Insurance Asset Management S.p.A. Società di gestione del risparmio, changing its name to Generali AM. The figures thus refer to the sum of the AuM of the two entities at the reference date.

1Souce: Generali Asset Management S.p.A. Società di gestione del risparmio (“Generali AM”) as at HY 2023. Kindly note that on 1 January 2024, Generali Investments Partners S.p.A. Società di gestione del risparmio has been merged by incorporation into Generali Insurance Asset Management S.p.A. Società di gestione del risparmio, changing its name to Generali AM. The figures thus refer to the sum of the AuM of the two entities at the reference date. 2Generali Investments is a trademark of Generali Asset Management S.p.A. Società di gestione del risparmio Generali Investments Luxembourg S.A. and Generali Investments Holding S.p.A. Certain information in this publication has been obtained from sources outside of Generali Asset Management S.p.A. Società di gestione del risparmio.

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