AZ Fund
AZ Fund Management Sa, established in 1999, is currently the Azimut Group’s main company for mutual fund management by total assets. On December 31, 2009 it exceeded 10 billion Euro in managed funds. The absolute majority of the people working in the Luxembourg entity are directly involved in Fund management. The remaining staff is in administration and clients relationship.
The company's registered office is 35 Avenue Monterey, L - 2163 LUXEMBOURG
It's a fully owned subsidiary of the Azimut Group, the largest Italian independent asset manager, active since 1989. The parent company Azimut Holding is listed on the Milan stock exchange since July 7, 2004 (AZM.IM) and is member, among other indexes, of the DJ Eurostoxx 600. Over a thousand managers, employees and financial advisors have been directly involved in the Azimut Holding shareholder structure since the IPO. This guarantees the stability and quality of company performances and provides a rare example of commitment and independence. Today they represent 25.7% of the share capital, tied up in a strong shareholders’ agreement. The remaining 74.3% is free float. The Group specialises in asset management and offers financial advisory services to investors primarily via its advisor networks. In Italy Azimut SGR promotes and manages mutual funds domiciled in Italy and also manages individual managed portfolios and Azimut Capital Management SGR is the hedge funds company. Azimut Consulenza SIM and AZ Investimenti SIM distribute the Group’s and other products through their network of financial advisors. AZ Fund (established in Luxembourg in 1999) manages the umbrella fund AZFUND1; the Irish AZ Life Ltd distributes life insurance products and AZ Capital Management Ltd manages a single manager hedge fund.