What ANIMA HOLDING S.P.A. does

ANIMA Holding S.p.A. is an Italian publicly listed asset management holding company headquartered in Milan (Corso Garibaldi 99) and traded on Borsa Italiana under ticker ANIM.IM. The group operates through its wholly owned subsidiary Anima SGR S.p.A., which is registered with the Bank of Italy (Albo dei Gestori di OICVM and FIA) and supervised by Consob. ANIMA describes itself as the leading managed savings group in Italy ("Gruppo leader del risparmio gestito in Italia"), distributing a broad product suite — mutual funds (Fondi Comuni), discretionary asset management portfolios (Gestioni Patrimoniali), and the open pension fund Arti & Mestieri — to retail investors, financial advisors, institutional clients, and corporate employer pension schemes. Supplementary offerings include the thematic Megatrend fund range and the ESG-aligned Anima Net Zero Azionario, alongside investor tools such as retirement simulators and a quote-and-performance tracking service.

The business model is built on recurring asset-management fees charged as a percentage of assets under management across mutual funds, discretionary mandates, and the Arti & Mestieri pension scheme, supplemented by distributor and placement economics from intermediary networks. Go-to-market is multi-channel: a self-service client portal (Area Clienti), a dedicated distributor/reseller network of banks, financial advisors, and private bankers (with SAR and Area Premium reserved portals), direct institutional investor relations, and corporate employer channels for pension administration. ANIMA also invests heavily in content and education, including the Giornale & Caffè financial journalism platform, podcasts, savings guides, and an active social media presence, which function as top-of-funnel engagement for retail and advisor audiences.

Technically, the company does not disclose a proprietary technology platform; its digital footprint centers on transactional and informational portals rather than a built product platform. The operating model is enabled by standard regulatory and compliance infrastructure: ISO 27001 (information security) and ISO 9001 (quality management) certifications, GDPR compliance with a designated DPO, statutory audit, and a mandatory depositary bank partnership. Geographic footprint is explicitly domestic — Italy is the sole served market, with legal disclaimers restricting product offerings outside Italian jurisdiction and barring U.S. persons — and there is no disclosed international expansion, M&A pipeline, or leadership change in the input data.

Name

ANIMA HOLDING S.P.A.

Legal name

Anima Holding S.p.A.

Website

https://animaholding.it

Company type

Public

Operating status

Operating

Headcount range

1–10 employees

Short description

ANIMA Holding S.p.A. is a Milan-based, publicly listed Italian asset management group operating through Anima SGR, offering mutual funds, discretionary portfolios, and the Arti & Mestieri pension fund to retail investors, financial advisors, institutional clients, and corporate employers in Italy.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

Keywords

• Asset management services
• Mutual funds management
• Pension fund management
• Discretionary wealth management
• ESG investing solutions

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Asset Management Fees - Mutual Funds: ANIMA generates revenue through management fees charged on mutual funds (fondi comuni) and managed portfolios. The company manages mutual funds and individual asset management accounts for retail and institutional clients.
2. Pension Fund Management - Arti & Mestieri: The company manages the open pension fund 'Arti & Mestieri', generating revenue through pension fund management fees from both employers and employees contributing to the scheme.
3. Distributor/Placement Fees: Revenue is generated through placement and distribution agreements with authorized intermediaries including private bankers, financial advisors, and institutional distributors.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

ANIMA HOLDING S.P.A. is an Italian asset management group that, through its operating subsidiary Anima SGR S.p.A., manages mutual funds (Fondi Comuni), discretionary individual asset management portfolios (Gestioni Patrimoniali), and the open pension fund Arti & Mestieri. The company also offers ESG-aligned and thematic equity funds (Net Zero Azionario, Megatrend) and serves retail investors, financial advisors, and institutional clients across Italy through a multi-channel distribution model.

Product overview

ANIMA HOLDING S.P.A. is an Italian asset management group offering a comprehensive suite of investment products through its subsidiary Anima SGR S.p.A. The product portfolio centers on three core offerings: Fondi Comuni (mutual funds) and Gestioni Patrimoniali (discretionary asset management) for wealth management, and the Fondo Pensione Arti & Mestieri for retirement planning. Supplementary tools include Simulators for investment planning and Quote e Performance for portfolio monitoring. The company also provides ESG-focused products including Anima Net Zero Azionario and thematic Megatrend funds. Products are distributed through multiple channels serving Private Investors, Financial Advisors/Dealers, and Institutional Investors.

Differentiator

Problem solved

Functional benefit

Brands

• Arti & Mestieri: Open pension fund (fondo pensione aperto) offered by ANIMA for retirement savings

Products and services

• Fondi Comuni (Mutual Funds) Mutual funds offered to retail and institutional investors, covering various asset classes and investment strategies including equity, fixed income, and balanced funds.
• Gestioni Patrimoniali (Discretionary Asset Management) Discretionary asset management portfolios managed on behalf of clients, providing personalized investment management services for individual investors.
• Fondo Pensione Arti & Mestieri Open pension fund (TFR) providing retirement savings solutions for employees, with dedicated area for distributors and partner companies administering employer and employee contributions.
• Megatrend (Thematic Funds) Thematic mutual funds focusing on long-term megatrends such as emerging technologies and demographic shifts.
• Anima Net Zero Azionario Equity fund targeting net-zero carbon emissions alignment, part of the ESG and sustainable investment product line.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Banca Depositaria (Depositary Bank)coreOthersANIMA works with a depositary bank as required by Italian and EU regulations for asset management companies. The depositary bank holds client assets, oversees fund operations, and ensures regulatory compliance. This is a mandatory operational partnership for fund administration.
• Società di Revisione Contabile (External Auditors)coreImplementation/ SI/ Consulting PartnerExternal accounting firm engaged for statutory audit and financial statement certification. This partnership ensures compliance with Italian accounting standards and regulatory reporting requirements for listed companies.
• Intermediari Bancari e Finanziari (Banking and Financial Intermediaries)coreChannel Partner/ Reseller/ DistributorNetwork of banking and financial intermediaries including private bankers who distribute ANIMA mutual fund and pension products to their clients. These intermediaries execute investment instructions and process subscription/redemption transactions.
• Autorità di Vigilanza (Regulatory Authorities)coreOthersANIMA operates under supervision of Bank of Italy (Banca d'Italia) and Consob (Italian securities regulator). The company is registered in the Bank of Italy Register of Asset Managers (Albo Gestori di OICVM and Albo Gestori di FIA) and adheres to national investor compensation fund (Fondo Nazionale di Garanzia).

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• BlackRock: Global asset management incumbent with material Italian institutional and retail presence. Competes with ANIMA primarily on institutional mandates and increasingly on ETF/passive flows that pressure ANIMA's active-product economics.
• UBS Asset Management: Global asset management division of UBS with European and Italian institutional and wholesale offerings. Overlaps with ANIMA in discretionary mandates, mutual funds and pension solutions, but at much larger global scale.
• Schroders: Global asset manager with an Italian wealth and institutional offering. A broad incumbent peer in terms of investment capabilities, mutual funds and institutional mandates, though operating at much larger scale than ANIMA.
• Amundi: Europe's largest asset manager with significant operations in Italy. A broad incumbent competing with ANIMA across mutual funds, ETFs, institutional mandates and pension products, but with a far larger, pan-European platform.

Others

• Allianz Global Investors: Global asset manager within the Allianz Group with active and sustainable investment products distributed in Italy. Comparable to ANIMA in product breadth and European institutional footprint.

Direct peers

• Azimut Holding: Italian independent asset management and wealth management group listed on Borsa Italiana. Directly comparable to ANIMA as a domestic competitor offering mutual funds, discretionary asset management and pension products to retail and institutional clients.
• Eurizon Capital (Intesa Sanpaolo Group): Italy's largest asset manager by AUM and part of the Intesa Sanpaolo banking group. Directly competes with ANIMA across mutual funds, pension funds and institutional mandates, with the additional advantage of captive bank distribution.
• Arca Fondi SGR: Italian asset management company owned by a consortium of cooperative banks (Federcasse/BCC group). A direct competitor in Italian mutual funds and pension funds, particularly strong in the bancassurance and cooperative-banking channel.
• Fineco Asset Management: Italian asset management arm of FinecoBank, distributing funds through Fineco's direct banking/advisor network. A direct competitor to ANIMA in Italian mutual funds and SICAVs, with strong captive digital distribution.
• Mediolanum Gestione Fondi (Banca Mediolanum): Italian asset management arm of Banca Mediolanum focused on mutual funds and SICAVs distributed through the Mediolanum financial advisor network. A direct peer given similar product mix and reliance on advisor-led distribution.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/anima_sgr
• YouTubeyoutube.com/user/AnimaSgr
• Facebookfacebook.com/animasgr
• LinkedInlinkedin.com/company/anima-holding-s.p.a.
• Instagraminstagram.com/anima.sgr

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 ANIMA HOLDING S.P.A.