Geneva-headquartered asset manager Unigestion is targeting the Italian market by offering its multi asset capabilities through Allianz Bank Financial Advisors, the private banking arm of Allianz Group.
The Swiss asset manager, which traditionally caters primarily to institutional investors, will fo offer the its multi asset fund, Uni-Global – Cross Asset Navigator, to the wealth segment in Italy.
With an investment horizon of three-to-five years, the Uni-Global – Cross Asset Navigator fund’s strategy aims to deliver returns of cash + 5% gross of fees across all market conditions, with a target volatility of 6%.
The fund will be managed by Jérôme Teiletche and the cross asset solutions team at Unigestion,
Allianz Bank Financial Advisors will offer the strategy via their internal fund, X-team Unigestion Navigator, on the Unit Linked Challenge Pro platform. This platform is provided by Darta, an Irish life assurance company wholly-owned by the Allianz Group.
Andrea Di Nisio, head of southern Europe intermediaries at Unigestion, said there had been an increase in demand for multi asset approaches that can help investors in the current environment of low interest rates and slower economic growth.