Italy’s Eurzion Capital, which today reports a 13% rise in assets under management (AUM), has entered into a partnership with London-based SLJ Macro Partners.
SLJ provides currency management services and investment management with a macro/top-down approach. It has over €1 billion in AUM.
“The complementary nature of our business models and the expertise of our people will originate great growth and value creation opportunities,” says Tommaso Corcos, chief executive officer of Eurizon Capital.
Meanwhile, Eurizon’s 13% increase in AUM since the start of the year means the firm now manages €260 billion.
In Q3, Eurizon saw positive net inflows of €4.3 billion and total net flows for the year so far are over €30 billion.
Consolidated net earnings are €343.1 million for the first nine months of this year, a 78% increase over the same period last year.
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