Equita and Euromobiliare AM SGR further strengthen their relationship by launching Euromobiliare Equity Selected Dividend fund
- The subscription period of “Euromobiliare Equity Selected Dividend” ended with a final close of Euro 229 million
- The fund, established by Euromobiliare Asset Management SGR, will be managed by Equita
Andrea Vismara, Chief Executive Officer of Equita, declared: “This initiative is another important step for Equita and Credem Group to reinforce their existing business relationship by combining experience and multidisciplinary competences to best serve clients. With this new fund Equita further increases its assets under management, exceeding one billion euro”.
Matteo Ghilotti, Co-Head of Alternative Asset Management and Head of Portfolio Management at Equita, commented: “The Euromobiliare Equity Selected Dividend fund will benefit from the portfolio management skills of the Equita team and the deep knowledge of Italian and European issuers. The Fund’s key objective is to build a portfolio that pays a yearly, although not-guaranteed, variable cash-flow of up to 3 per cent of the initial investment”.
Giuseppe Rovani, Chief Executive Officer of Euromobiliare Asset Management SGR, declared: “We are very satisfied with the closing figures of our new fund Euromobiliare Equity Selected Dividend. One of our main goals is to offer to our distribution networks and to our customers a wide range of products and we seek to find the best portfolio managers for each strategy we offer. We believe that the relationship between Credem Group and Equita is a perfect example of our commitment to excel and of our “We Create Value Over Time” mission statement”.
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