T. Rowe Price appoints new Italy relationship manager
T. Rowe Price has strengthened its Italian team with the appointment of Fabrizio Mazzucato as its new relationship manager.
Mazzucato has joined T. Rowe Price from Zurich Investment Life. With more than 20 years of experience in the financial sector, Mazzucato has previously worked as head of sales of AIG in Italy, head of sales for Invesco Asset Management and as managing partner of the Farad Group and member of the board of directors of Selectra Investment Sicav.
“The addition of Fabrizio to our team will further improve our ability to support and interact with our clients in Italy and, consequently, our ability to identify the best investment solutions for them,” said Donato Savatteri, country head Italy at T. Rowe Price.
The US asset management firm, founded in 1937 in Baltimore and with AUM above $763bn as of December 2015, opened an Italian branch at the end of 2014, led by Donato Savatteri.
After an initial focus on institutional and professional investors, the company widened its scope to to unit linked instruments, on the back of several partnerships (including those with Old Mutual Wealth Italy, Fideuram, Gruppo Credito Emiliano). Recently, T. Rowe Price entered the Italian retail market thanks to an agreement with FinecoBank.