The Italian asset management sector
An attractive market
The Italian asset management sector has experienced a long period of growth and is one of the largest and most dynamic markets in Europe. According to Assogestioni, the Italian asset management industry set a new record of €2.271 billion for Assets under Management (AuM) in the third quarter of 2019.
In recent years, funds and portfolio mandates have, with very few exceptions, posted positive monthly net inflows, marking something of a boom for asset managers and distributors.
Low interest rates have for the first time forced Italian savers and institutions to look beyond the easy returns they previously obtained from government bonds, oosting the appeal of asset managers.
The aim of this article is to provide an overview of the Italian asset management market, highlighting recent sector trends, analysing the impact of these trends, and anticipating the influence they may have in the coming years.
Performance magazine issue 31, January 2020
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.