M&G Italy hires Pelosi from Pioneer

M&G Investments has appointed Delia Pelosi (pictured) as investment sales advisor within the sales team based in Milan.

She will report to to Matteo Astolfi, director of M&G Investments in Italy, providing support to retail clients.

She joins from Pioneer Investment Management where she was Sales and distribution data manager. Prior to this she spent five years at Intesa Sanpaolo Life as head of customer communications.

“Retail distributors now account for approximately 50% of our assets – Delia’s appointment is an important part of our commitment to the advisory market. This is also a reflection of our best year yet in terms of total net flows since we established the office in Milan in 2004,” Astolfi said.

In Italy, M&G has about €3.5bn assets under management, with total net sales at €1.2bn. The firm has eight people based in the country.

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