Leonardo Asset Management is the fund management company jointly set up by DNCA Finance and Gruppo Banca Leonardo to expand the asset managment expertise of the group in Europe. This development is based on two Sicavs with compartments (Leonardo Invest and Ingenia). According to specialities of every asset management company, compartments' management is delegated to DNCA Finance in France or to Leonardo SGR in Italy – the asset management arm of Banca Leonardo.
Leonardo SGR’s investment philosophy is to achieve stable long-term absolute returns whilst minimizing draw-downs. Our objective is to manage risk. Our approach is to steer clear from risks we can not fully monitor or evaluate and to use "common sense" in making investment decisions.
What are the characteristics of Leonardo SGR's investment style?
Our approach combines two distinct processes:
- a research-based fundamental process with a strong value bias, where performance is generated through the quality of the stock-picking (flexible funds);
- a quantitative process that seeks to optimize the risk/return profile of different asset classes and market
segments through a proprietary model (quantitative funds).
The two groups of products have different characteristics in terms of risk/return targets, investment horizons and sources of performance.
Milan-based Leonardo SGR manages the Italian-domiciled funds and some sub-funds of the group's Luxemburgish SICAVs. The company is wholly-owned by GBL.
