Rothschild & Cie Gestion launches in Italy
Paris-based asset management company Rothschild & Cie Gestion has opened a branch in Milan, joining Rothschild Global Financial Advisory which has already been in the Italian market for 20 years.
Alessio Coppola (pictured), who previously worked for independent asset management company Anima SGR, has been named Italy country head. Coppola has started his career at Societe Generale AM as head of retail and wholesale distribution. He then joined Prima SGR, where he was in charge of marketing and sales operations. Following the M&A of Prima SGR with Anima SGR at the end of 2011, Coppola was appointed head of wholesale business development for Anima SGR.
Rothschild & Cie Gestion will launch on the Italian market with AUM of €22bn and aims at developing its business focusing on long-term relationships with its clients and a range of mutual funds investing in stocks, Euro-area corporate bonds, balanced and global flexible.
“We aim at standing out on the Italian market thanks to our management strategy which has allowed us to become leaders in the French retail and institutional markets,” Coppola said.
“Institutional investors and private clients are increasingly interested in identifying professional managers able to generate profits. We willl be looking at building a team entirely dedicated to the Italian market,” he added.