Last updated: 21:36 / Thursday, 15 September 2016
Banca Finnat Euramerica

Italian Group Launches AM Branch in Luxembourg

Italian Group Launches AM Branch in Luxembourg
  • It is called Natam Management Company and is in charge of the New Millenium Sicav
  • It has “dual permission” from Luxembourg market authorities
  • With Alberto Alfiero as president, and Sante Jannoni as CEO

Italian group Banca Finnat Euramerica has launched a new Luxembourg-based asset management branch called Natam Management Company.

The subsidiary has received a “dual permission” from Luxembourg market authorities.

Banca Finnat said the Natam project was aimed at serving internal as well as external clients such as third-party intermediaries and institutional investors.

The company runs the New Millenium Sicav launched in the 90’s that comprises 14 sub-funds

Banca Finnat’s deputy general manager and president of the group’s Sicavs Alberto Alfiero has been appointed president of Natam.

Sante Jannoni, a lawyer specialising in Italian and Luxembourg financial law and senior management member of a number of professional and financial entities in Luxembourg, will serve as the company’s CEO.