Generali Invests $1.1B To Kick Off ThreeSixty Investments
Law360 (April 11, 2019, 5:00 PM EDT) -- Italy’s top insurer Generali Group on Thursday launched ThreeSixty Investments, saying it will invest $1.1 billion into the asset manager's first fund.
Generali said the aim of boutique asset manager ThreeSixty Investments is to offer highly diversified multiasset investments to investors. Giordano Lombardo, the former CEO of Pioneer Investments, will lead Milan-based ThreeSixty Investments, the insurer said.
“We believe that the future of active asset management lies in a new, integrated approach, beyond the distinction between traditional and alternative assets,” Lombardo said in a statement Thursday.
The strategy and operations of ThreeSixty Investments will be run independently of Generali, the insurer said, and in...
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