Asset & Wealth Management

The Business Unit gathers the Group’s main companies operating in asset management and wealth management. 

€ 516



Countries worldwide for distribution

€ 179.8


Source: Generali Investments Holding S.p.A., data as at 31 December 2023. These data refer only to assets managed by the Generali Investments ecosystem. Total AUM (Assets Under Management) includes funds (€58.7 billion) and discretionary mandates (€121.1 billion).

The Asset & Wealth Management Business Unit is a strategic pillar of the Group strategic plan Lifetime Partner 24: Driving Growth”, being it a reference partner not only for the insurance companies of Generali, but also for third party clients. 

Key drivers of the Business Unit: 

  • Enrich real assets capabilities
  • Enhance investment strategies
  • Expand distribution capabilities
  • Manage effective esg integration

The Business Unit includes the following Generali Group’s activities.

Asset Management

Asset Management

The main Group asset management activities operate under Generali Investments umbrella brand, which manages assets on behalf of the Group and of third-party customers, both institutional and retail. Generali Investments is an ecosystem of asset management companies, delivering a portfolio of specialist capabilities.

While the Generali Group has a majority holding and co-investment in each asset management company of the ecosystem*, all of them are able to innovate and grow with autonomy.

The solutions, built from a variety of specialist capabilities, aim to help investors unlock opportunities and generate long-term performance, while being mindful of our impact on the world around us.

Wealth Management

Wealth Management

Most of the wealth management activities are carried out through Banca Generali’s network of consultants.
Banca Generali S.p.A. is a leading private bank in Italy, focused on financial planning and asset protection for customers.

Manager in Charge

Carlo Trabattoni

Carlo Trabattoni

CEO Asset & Wealth Management

Main Group Companies

Banca Generali S.p.A. is a private bank, leader in Italy in digital wealth management and in wealth planning services, backed by a network of Financial Advisors and Private Bankers at the top of the industry in terms of skills and professionalism.

The company's strategy is based on four key elements: qualified advisory service provided by professionals specialized in supporting Italian families in the choices for the protection of assets and in the realization of their life projects; a cutting-edge product portfolio with solutions tailored to customers’ personal needs; innovative wealth management services for not only-financial wealth care and innovative instruments which, thanks to technology, enhance the trust relationship between advisor and client.

The Bank’s mission highlights the role of Trusted professionals always by the Customers’ side, developing and looking after their life plans.
Besides, the company’s vision is to be the first private bank by value of service, innovation and sustainability.

Banca Generali S.p.A. is listed on the Milan Stock Exchange since November 2006 and manages more than 92.8 billion euros in terms of Assets Under Management on clients’ behalf (results at 31.12.2023) from Assicurazioni Generali S.p.A. With a widespread presence throughout the national territory, Banca Generali S.p.A. has 48 bank branches and 171 offices at disposal of the more than 2,200 financial advisors and also a digital contact service for operations. Added to this is the digital banking platform,, which enables customers to independently access banking services.

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Generali Real Estate S.p.A. and Generali Real Estate SGR S.p.A. have around 370 professionals that operate in nine different countries covering all the real estate value chain: investment, asset and property management. The portfolio under management comprises a unique mix of historical and modern properties, ranging from landmark buildings to new architectural masterpieces, which has enabled the company to develop best-in-class skills in the fields of technological innovation, sustainability and urban development. Its Luxembourg funds range offers efficiency and diversification, and covers the full risk return spectrum from core to development in several sectors.

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 Infranity SAS is a French law asset management company specializing in infrastructure investments. Its investment solutions leverage the resilience of the asset class and its long-term stable returns, as well as its ability to contribute to sustainable development. The investments address major societal challenges such as the energy transition, green mobility, digital transition and improvements to social infrastructure.

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Plenisfer Investments SGR S.p.A., a goal-based firm, offering unconstrained, total return, multi-asset strategies. The firm offers UCITS funds and bespoke mandates.  

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Aperture Investors (meaning both Aperture Investors LLC and Aperture Investors UK Ltd.) offers unconstrained investment strategies and a unique fee model that aligns fund manager incentives with client performance. Aperture’s highly experienced credit and equity investment teams are based in New York and London. 

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Lumyna Investments Limited is one of the oldest, largest and most successful Alternative UCITS providers in Europe. The firm brings best-of-breed hedge fund managers to the European market via regulated, liquid and transparent UCITS vehicles. 

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Sycomore Asset Management SA has been a pioneer in ESG investments with a unique proprietary research methodology. Its fund range offers several Article 8 and Article 9 funds. 

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Generali Investments Luxembourg S.A. (GIL), is a management company under Luxembourg law and offers a wide range of fund structures such as UCITS, real estate funds, SIFs, AIFs and non-UCITS vehicles.

Generali Investments Holding S.p.A., which acts as a holding company, holds the share capital of the main Group asset management companies such as GIAM, GIP, GIL and provides a wide range of services to support the asset management activities.

Generali Investments Schweiz, headquartered in Zurich, is in charge for managing the assets of the Swiss insurance company.

Generali Investments CEE, Investičnì Společnost A.s. is an investment company providing services to individual investors and institutions in the field of collective investment and asset management operating in the Central Eastern Europe area.

Generali China AMC, born in 2013, is a joint venture between Assicurazioni Generali and China National Petroleum Corporation. It works with all the main asset classes, including liquid assets, fixed income, stocks, and real estate. 

Guotai AMC is a joint venture between Guotai and Assicurazioni Generali, authorized to manage all asset classes, including corporate pension plans in the Chinese market. 

Sosteneo is an Asset Management Company that specialises in greenfield infrastructure investments that produce clean energy or enable clean energy use.

It was established in 2022 alongside Generali Investments to deliver an attractive long-term commercial return through the structuring, building, optimising, and monetising of energy infrastructure projects that make an active contribution to the decarbonisation of the global energy system.

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Generali Asset Management** is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets.


**Full name: Generali Asset Management S.p.A. Società di gestione del risparmio. Please note that the company was previously, until 31 December 2023, called Generali Insurance Asset Management S.p.A. Società di gestione del risparmio.

* Through Generali Investments Holding S.p.A, which holds at least the majority stake of each asset management firm.