Generali to Launch Asset-Management Company
April 11 2019 - 2:16AM
Dow Jones News
By Nathan Allen
Italy's Assicurazioni Generali SpA (G.MI) said Thursday that it
plans to launch a boutique asset-management company named
ThreeSixty Investments.
Generali said it plans to invest 1 billion euros ($1.13 billion)
in the company's first fund.
ThreeSixty will be a partnership between Generali, which will
hold a majority stake, and several professional investment
managers, including the former chief executive of Pioneer
Investments, Giordano Lombardo.
The company will focus on multi-asset strategies for private and
institutional clients, Generali said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 11, 2019 02:01 ET (06:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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