Generali Investments’ chief executive Santo Borsellino made growing the Italian firm’s third party business a “key priority” when he took control in 2013. So far the decision has paid off
Europe

Berlin witnesses passing of investment baton
The new generation of techno-nerds may be guilty of speaking in jargon and much of what they pass off as new ideas are anything but, yet evidence of a generational shift in wealth management was clearly evident at the summer Fund Forum event in Berlin

Switzerland struggles to find new role in post-secrecy world
The Swiss must play to their strengths as well as develop new expertise if they are to have any chance of regaining former glories

Brexit provides Paris with new lease of life
While the French government has not always been supportive of growing its financial services sector, Paris is gradually waking up to opportunities for expansion

Funds and fintechs find Luxembourg an attractive base
Asset managers have long been using Luxembourg as a base for cross-border fund distribution but the Grand Duchy has found a new lease of life as a haven for tech-based start-ups

Regulation and technology lead Madrid’s transformation
The Spanish capital’s financial landscape has been transformed in the last five years with consolidation in the banking sector and asset managers using the city as a springboard to Latin America

Milan ripe for a private banking renaissance
With half of all Italian private wealth managed by retail banks there is huge potential for private banks to expand domestically

Malta’s growth challenged by custody conundrum
Increased regulatory costs have seen asset managers moving fund management operations to Malta, although global custodians tend to look elsewhere

Recovering Cyprus believes calmer waters lie ahead
Cyprus is changing and learning from past mistakes. The banking sector has halved in size while there are great hopes for the shipping and funds industries

Middle Eastern and European elites seek Jersey’s protection
Jersey is becoming something of a centre for alternative investments while there are also signs of private banks returning to the island
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