Italy’s Fideuram tops Assoreti recruitment chart

Italy’s Banca Fideuram is the asset manager which hired the most during September, according to data released by industry association Assoreti.

The private bank, which controls the Italian asset manager Fideuram Investimenti, appointed 19 financial advisers to its network, reaching 4920 professionals at the end of the month.

According to the chart, 15 advisers joined Banca Fideuram, and 4 Sanpaolo Invest.
Fideuram offers asset management services, mutual funds and insurance products. It has about €70bn assets under management.

Meanwhile, both Allianz Bank and UBI Banca hired 3 advisers to their networks.

The worst monthly performance was by domestic manager Consultinvest, which reported a decrease of 12 professionals to its network at the end of September.

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