New boutiques revenues help Generali asset management through H1 2019

On the 08.01.19 at 2:52PM


Adrien Paredes-Vanheule

Net profit of the asset management business line at the Italian insurer stood at €133m, up 22% year-on-year.

Generali's asset management unit has benefitted from the firm's recent boutique acquisitions including Union Investment TFI in Poland, CM Investment Solutions Limited (now Lumyna Investments Limited) in the UK, Sycomore Asset Management in France

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