Intermonte Advisory and Management has launched Intermonte Sicav, an Ucits IV Sicav with two actively managed sub-funds aimed at institutional, professional and retail investors.
The first sub-fund Intermonte Flexible Europe invests in European equity and govies and corporate bonds, with a special focus on Italy. The second sub-fund, Intermonte Long/Short Alpha Italia, is a total return strategy investing mainly on Italian equities.
The new Sicav will be distributed firstly in Luxembourg and Italy through Allfunds platform for institutional investors, through Fundstore for retail subscribers, and by direct distribution agreements with third-party networks. Intermonte Sim will be the Sicav global distributor and will place legal entities directly to the institutional underwriters.
Massimo Saitta (pictured) – who will be responsible for the Sivac’s investment – and Diego Toffoli, senior portfolio manager, will be the main fund managers of the Intermonte Sicav alongside Antonio Amendola, who will be in charge of the quantitative analysis. Antonio Cesarano, who recently joined Intermonte Sim as chief global strategist, will also assist the investment team responsible for the macro strategies, with a special focus on interest rates, currencies and commodities.
Intermonte Advisory and Management is the asset management division of Intermonte Sim.