Generali Investments makes three hires in Sales and Fixed Income
Generali Investments Europe has hired Antonio Cavarero as head of Fixed Income Italy, Fabio Cleva as deputy head and Andrea Favaloro as head of Sales and Marketing to boost its third-party business.
Cavarero will be responsible for a team of 12 portfolio managers managing approximately €160bn of Italian domiciled fixed income assets.
Fixed Income remains Generali Investments Europe’s key area of expertise, accounting for more than 80% of the company’s total assets under management, the company said.
Cavarero will be supported by Fabio Cleva, who has been appointed deputy head of Fixed Income Italy. He joined Generali Group in 2003 as Fixed Income manager, and holds a Degree in Economics from the University of Udine.
Andrea Favaloro (pictured) has also joined Generali Investments Europe from BNP Paribas Investment Partners, where he became global head of External Distribution in 2011.
He will be responsible for the company’s global sales activities targeted at institutional and retail customers.
Santo Borsellino, CEO of Generali Investments Europe, said: “Having decided to widen the scope of this role to achieve a truly global orientation, we identified Andrea Favaloro as our top choice.
“Therefore, I am very pleased to welcome him to GIE. He brings a unique set of skills and extensive experience in distribution and asset management. I am sure he will give further boost to our third-party business, which we are strongly committed to.”
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