A small group of Italian players are taking their business
abroad in search of a larger client base
While most Italian hedge fund firms have traditionally
concentrated on developing domestic operations targeting an
Italian client base, a small number of players have built up a
successful international presence and produced products that
are authorised for sale outside Italy. Not surprisingly, their
international activities have boosted their assets and helped
to ensure their place in the top ranks of Italian SGRs.
As the alternative investment company for Gruppo Banca
Esperia, Duemme Hedge has high expectations for the expansion
of the groups non-Italian operations. The key lies with
Duemme Capital, its London-based operation which was
established in May 2006. Since receiving FSA...