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UBS GAM launches first active ETF in Italy

By: Viola Caon | 29 Aug 2014

UBS Global Asset Management has listed its first multi-asset ETF on Italy’s stock exchange Borsa Italiana. To list the new instrument, Borsa Italiana opened a third segment…

Finint gets mandate for FST

By: Viola Caon | 29 Aug 2014

Italy’s Finanziaria Internazionale Investments Sgr has obtained the mandate to manage the  Fondo Strategico del Trentino – Alto Adige, Italy’s northern-east region. It is a real estate…

Credem boosts recruitment plans

By: Viola Caon | 28 Aug 2014

Italy’s Credem has unveiled its business development plans, focusing on capital increase and bankers recruitment by the end of the year. The bank’s board said that they…

Italy’s retail trades stuck in June

By: Viola Caon | 28 Aug 2014

Italy’s retail trade index (RTI) remained unvaried in June, after a couple of months of consistent decrease, the Italian national institute of statistics (Istat) has revealed. In…

Italy to lower growth forecasts

By: Viola Caon | 27 Aug 2014

Italy’s economy minister Pier Carlo Padoan told Il Corriere della Sera that the Italian government could lower its growth forecasts soon. Before Italy fell back into recession, the…

AllianceBerstein to assess fixed income potential in Milan

By: Viola Caon | 21 Aug 2014

Jeremy Cunningham, senior portfolio manager – Fixed Income at AllianceBernstein will discuss where should investors turn in today’s fixed income markets at InvestmentEurope‘s Fund Selector Forum Italy…

Credem and Borsa del Credito team up for SMEs

By: Viola Caon | 20 Aug 2014

Italy’s  Gruppo Credem has joined BorsadelCredito.it, a website that helps SMEs get access to credit. The service is free and allows entrepreneurs to select online the type…

Banca Euromobiliare hires former Intesa Sanpaolo adviser

By: Viola Caon | 19 Aug 2014

Italy’s Banca Euromobiliare, part of the Credem Group, has hired Davide Tucciello, previously at Intesa Sanpaolo, according to the Italian trade press. Tucciello has a 20-year-long experience…

UBS reduces share in Mps

By: Viola Caon | 18 Aug 2014

UBS has cut its share in Italy’s Monte dei Paschi di Siena (Mps) to 2.150% from 2.617%, Italy’s regulatory body Consob said. Of the remaining share, 1.973%…

Italy’s inflation down by 0.1%

By: Viola Caon | 13 Aug 2014

Italy’s consumer price index (CPI) declined by 0.1% in July compared with the previous month and rose by 0.1% compared with the same period last year, the…

“FDI in Italy: A cure for the economy”

By: Viola Caon | 12 Aug 2014

At the beginning of July, the Italian national institute of statistics (Istat) said that the country’s recovery was slower than expected. Just a few days after, the…

Banca Mediolanum sees record inflows in July

By: Viola Caon | 11 Aug 2014

Italy’s Banca Mediolanum, the retail bank of the Mediolanum Group, posted total net inflows of €483m in July, for a total of € +2.3bn ytd. The mutual…

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