Euromobiliare

What Euromobiliare does

Credem Euromobiliare Asset Management SGR S.p.A. is an Italian asset management company (SGR) founded in 1984 and wholly owned by Gruppo Credem (Credito Emiliano), one of Italy's most established private banking groups (founded 1910, present in 19 regions). The firm manages approximately €17.5 billion in funds and SICAV AUM, €8 billion in delegated wealth management mandates (gestioni patrimoniali) and private insurance policies in LPS, and provides advisory services over approximately €50 billion in AUA, positioning it as a mid-sized Italian manager with significant captive distribution.

The product suite spans mutual funds (fondi comuni), SICAV vehicles, discretionary linee patrimoniali, the systematic Piano di Accumulo (PAC) investment plan, sustainable/ESG solutions, and the recently launched VisionOf thematic fund gamma (Technology and Infrastructure & Energy). Product construction relies on proprietary strategies combined with partnerships with global managers, notably Pictet Asset Management for the Euromobiliare Pictet Emerging Markets Bond fund. There is no proprietary technology platform; investment management is conducted through traditional active, benchmark-referenced processes.

Revenue is generated through recurring asset management fees charged as a percentage of AUM across funds, SICAVs, and discretionary mandates, supplemented by advisory fees on the AUA book. Distribution is sales-led and channel-driven, anchored in Credem Banca branches, Credem Euromobiliare Private Banking, and independent financial consultants, with Banca Valsabbina as a third-party distribution partner for thematic products. The company serves Italian retail investors and private banking (HNW) clients, with ESG integration (since 2014) and thematic investing positioning it within mainstream Italian wealth management.

Name

Euromobiliare

Legal name

Credem Euromobiliare Asset Management SGR S.p.A.

Website

https://eurosgr.it

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Short description

Credem Euromobiliare Asset Management is an Italian SGR founded in 1984 and part of Gruppo Credem, managing mutual funds, SICAVs, and discretionary portfolios for retail and private banking clients across Italy.

Ownership category

akta.pro rank

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Asset Management Fees: Management fees charged on assets under management (AUM) across mutual funds (fondi comuni), SICAV, and delegated wealth management portfolios. Revenue derived from a percentage of total assets managed, including 8 billion EUR in delegated wealth management, approximately 50 billion EUR in advisory services (AUA), and 17.5 billion EUR in funds and SICAV.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Credem Euromobiliare Asset Management is an Italian asset management company (SGR) that manages and distributes mutual funds, SICAV products, and discretionary portfolio management (linee patrimoniali) services. The firm manages approximately €8 billion in delegated wealth management, ~€50 billion in assets under advisory administration, and €17.5 billion in Funds and SICAV AUM, distributing its products through the Credem Banca branch network, Credem Euromobiliare Private Banking, and partner financial consultants.

Product overview

Credem Euromobiliare Asset Management offers a comprehensive suite of investment management products and services as part of the Credem Banking Group. The product portfolio centers around mutual funds (fondi comuni di investimento), SICAV products, and discretionary portfolio management services. The company manages approximately €8 billion AUM in wealth management and private insurance mandates, approximately €50 billion AUA for consulting activities, and €17.5 billion AUM in Funds and SICAV products. The flagship product lines include the VisionOf thematic fund gamma (VisionOf Technology and VisionOf Infrastructure & Energy), the Euromobiliare Pictet Emerging Markets Bond A bond fund, and a broad range of sustainable/ESG-focused investment solutions. The company also offers Piano di Accumulo (systematic investment plans) and delegated management services through its distribution network including Credem Banca, Credem Euromobiliare Private Banking, and Banca Valsabbina.

Differentiator

Problem solved

Functional benefit

Brands

• VisionOf: Thematic investment fund gamma focusing on megatrends including technology, infrastructure and energy sectors, managed with active approach referencing a benchmark.
• Euromobiliare VisionOf Technology
• Euromobiliare VisionOf Infrastructure & Energy

Products and services

• Euromobiliare VisionOf Technology Thematic fund focused on the technology sector and digital transformation opportunities, investing in companies involved in technological innovation across multiple geographic areas using active benchmark-referenced management.
• Euromobiliare VisionOf Infrastructure & Energy Thematic fund focused on infrastructure and energy sector investment opportunities, targeting companies involved in energy transition and infrastructure modernization across multiple geographic areas with active benchmark-referenced management.
• Euromobiliare Pictet Emerging Markets Bond A Global Emerging Markets Bond fund investing at least 70% of assets in bonds and money market instruments issued by sovereign and corporate issuers in emerging market countries, with no predetermined constraints on currency or credit quality. Achieved 11.89% return in 2025.
• Mutual Funds (Fondi Comuni di Investimento) Diversified range of investment mutual funds offering exposure across multiple asset classes, risk profiles, and investment themes, managed with active benchmark-referenced strategies. Available to retail investors and private banking clients via Credem Group network.
• SICAV Products Pooled investment vehicles (Société d'Investissement à Capital Variable) providing access to professionally managed portfolios with various investment strategies and asset allocations, contributing to €17.5 billion AUM across Funds and SICAV products.
• Patrimonial Lines (Linee Patrimoniali) Discretionary portfolio management services delegated to Credem Euromobiliare, offering customized investment solutions based on client risk profile and time horizon. Approximately €8 billion AUM in delegated wealth management (gestioni patrimoniali) and private insurance policies.
• Piano di Accumulo (PAC) Systematic investment plan allowing clients to invest capital through periodic and gradual contributions over time, ideal for investing in thematic funds and other products in small increments.
• Sustainable/ESG Investment Solutions

Quantifiable outcome

• Euromobiliare Pictet Emerging Markets Bond A achieved 11.89% return in 2025
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Credem (Gruppo Bancario Credito Emiliano)coreStrategic or Co-development PartnerParent banking group providing institutional support, distribution network through Credem Banca branches, and capital strength. Credem is one of Italy's most solid private banking groups, founded in 1910 and present in 19 regions. Credem Euromobiliare Asset Management is the asset management company of the Credem Group.
• Banca ValsabbinaminorChannel Partner/ Reseller/ DistributorBanca Valsabbina distributes Euromobiliare VisionOf thematic funds (Technology and Infrastructure & Energy) through its branches and financial consultants, extending distribution reach beyond the Credem network.
• Pictet Asset ManagementcoreStrategic or Co-development PartnerPartnership for Euromobiliare Pictet Emerging Markets Bond fund, combining Euromobiliare's local market expertise with Pictet's global emerging markets investment capabilities. The fund achieved 11.89% return in 2025, ranking as best Italian bond fund.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Anima SGR: Anima is one of Italy's leading independent asset managers with broad mutual fund and SICAV offerings distributed via Italian bank networks. It is a direct competitor in the Italian open-end fund space with comparable AUM tier and retail/private banking focus.
• Mediolanum Gestione Fondi: The asset management arm of Banca Mediolanum, focused on Italian retail mutual funds and SICAVs distributed through the Mediolanum financial advisor network. Directly comparable bank-affiliated Italian SGR competing for similar retail and private banking clients.
• Arca SGR: Arca SGR is an Italian asset management company owned by a banking group consortium (Popolare di Milano, Banca Popolare, etc.). It competes directly in the Italian mutual fund space with similar mid-tier AUM, multi-bank distribution, and ESG product offerings.
• Fineco Asset Management: Fineco Asset Management is the in-house SGR of FinecoBank, one of Italy's largest direct banks. It is a close comparable in bank-affiliated Italian fund management and competes for similar retail investor clients with digital-first distribution.
• Eurizon Capital (Eurizon SLJ Capital): Eurizon is the largest Italian asset manager and is itself a bank-affiliated SGR (Intesa Sanpaolo group). It is the most direct comparable in terms of product mix (mutual funds, SICAV, delegated management), Italian retail distribution, and ESG offerings.

Broad incumbents

• Schroders Italy: Schroders is a global asset manager with an established Italian presence offering mutual funds, thematic strategies, and wealth management solutions. Overlaps with Credem Euromobiliare in active management, ESG, and Italian private banking distribution, but at significantly greater international scale.
• Amundi (Italy): Amundi is Europe's largest asset manager with a significant Italian presence through its UniCredit partnership (Amundi UniCredito). Overlaps with Credem Euromobiliare across Italian retail mutual funds, ESG products, and private banking mandates, but at much greater scale and with broader European reach.
• BlackRock Italy: BlackRock is the global asset management leader with a growing Italian institutional and retail footprint via iShares ETFs. Comparable in competing for Italian client assets across active and passive strategies, though the scale and product breadth are vastly larger.

Others

• Pictet Asset Management: Swiss-headquartered Pictet is a strategic partner of Credem Euromobiliare AM via the Euromobiliare Pictet Emerging Markets Bond fund. Comparable as an asset manager partner providing specialized emerging market capabilities and competes for similar high-net-worth and institutional Italian mandates.

Regional players

• Deutsche Bank Asset Management Italy: Deutsche Bank's Italian asset management arm serves Italian private banking and institutional clients with mutual funds and discretionary mandates. Comparable in offering Italian-domiciled active strategies, though operating under a German parent with broader European distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInit.linkedin.com/company/euromobiliare-asset-management
• Xx.com/eurosgr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Euromobiliare