Assogestioni goes live with “Fondi obbligazionari Italia”
Italian asset management association Assogestioni has confirmed the launch of bond funds investment list “Fondi obbligazionari Italia”.
As confirmed to Investment Europe by a spokeperson at Assogestioni, seven funds have been included in the list: Anima Tricolore (Anima Sgr), Az Fund Solidity (Az Fund Management), Azimut Solidity (Azimut Sgr), Epsilong Italy Bond Short Term (Epsilon), Soluzioni Eurizon Cedola Doc Italia 07/2015 (Eurizon Capital S.a.), Eurizon Obbligazioni Italia Breve Termine (Eurizon Capital Sgr) and Pioneer Obbligazionario Sistema Italia a distribuzione (Pioneer Investment Management Sgr).
The initiative was initially announced at the end of 2011.
Funds included in the category should have at least 70% of the portfolio invested in Italian treasury or Italian corporate bonds and there is a 30% limit in the allocation to investment grade bonds from other eurozone countries.