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Intesa Sanpaolo Wealth Management partners with UI Group


28 August 2024 Luxembourg
Reporter: Jack McRae

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Image: stock.adobe.com/Rudzhan
Intesa Sanpaolo Wealth Management (ISWM) has selected Universal Investment (UI) Group as the management company (ManCo) for its UCITS SICAV portfolio in Luxembourg.

The portfolio has been migrated to the UI platform with UI efa acting as the central administrator and Spuerkeess, the Luxembourg savings bank, as the custodian.

Marc Flammang, CEO of ISWM, comments: “Partnering with UI Group elevates our commitment to excellence and sustainable value creation."

Marcus Kuntz, area head sales and fund distribution at UI, says: “[ISWM] bring a level of expertise and professionalism that is recognised worldwide, enhancing our ongoing ambition to serve asset managers and expand our footprint in Southern Europe and beyond.”
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