Asset Management: Intesa Sanpaolo rationalises activities

Intesa Sanpaolo reorganises its asset management product factories with the aim of establishing an increasingly specialised and coordinated asset management presence. 

The operation - which concerns Eurizon Capital SGR, Epsilon SGR and Fideuram Asset Management SGR - will optimise the operations of the product factories and the collective management (Funds) and asset management activities, strengthening the service model both on the asset management front and in the relationship with the distribution networks.

In further detail:

• Eurizon Capital SGR, led by CEO/GM Maria Luisa Gota, becomes the sole centre of excellence for Italian Funds, including Alternative Funds. It also becomes the Investment Centre for Banca dei Territori and the International Banks Division, remaining the asset management platform for extra-captive development in Italy and abroad. Massimo Mazzini, Head of Marketing and Business Development, is appointed as the company’s Deputy General Manager.
• Within Fideuram - Intesa Sanpaolo Private Banking, led by CEO/GM Lino Mainolfi, an Investment Centre headed by Davide Elli is established as a key point of reference for portfolio management services offered by the Private Banking Division's networks of financial advisors and private bankers.

The merger and demerger of Fideuram, Fideuram Asset Management SGR and Eurizon Capital SGR will be completed by the third quarter of 2025.