Journal title ECONOMIA E DIRITTO DEL TERZIARIO
Author/s Gino Gandolfi, Giacomo Neri
Publishing Year 2011 Issue 2010/3
Language Italian Pages 22 P. 401-422 File size 4345 KB
DOI 10.3280/ED2010-003002
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The asset management sector is moving into a highly unstable and complex context, in terms of economic and regulatory perspective. This paper aims to provide an analysis of the Italian asset management industry, that is characterized by the preponderant weight of the banking channel in the products’ distribution. It is important to study the characteristics and the trend of the Italian asset management demand and supply, also considering that the Regulator promotes the separation between sales and production. As a consequence of the recent financial crisis and the substantial loss of confidence shown by investors in the last years, governments have implemented some maneuvers aimed to raise funds. Finally, it is important to mention the important progress made in the regulatory field, above all in the European context, such as Mifid and Ucits IV, which marked a decisive moment in the process of harmonization of European mutual funds market.
Gino Gandolfi, Giacomo Neri, Il settore del risparmio gestito in "ECONOMIA E DIRITTO DEL TERZIARIO " 3/2010, pp 401-422, DOI: 10.3280/ED2010-003002