However, the recent health emergency has shown that Italian savings, however widespread and substantial, cannot guarantee sustenance for everyone.
Although many Italians aim to save throughout the year, the finland phone data savings rate - which is the percentage of total annual disposable income not consumed and, consequently, set aside - has gradually decreased over the years. In fact, if in 1995 it was 16% (OECD data), in 2018 it reached its lowest point, recording 2.5%. In light of this, it is not surprising that many Italians have declared that they are in a difficult situation in terms of liquidity (source: espresso.repubblica.it) . For this reason, and for everything that has been said above about the importance of savings and the current economic situation, it becomes essential to know the reference market and all the operators that operate within it, namely asset management companies .
To delve deeper into the topic, however, it is necessary to ask a preliminary question. What is meant by the expression “ asset management ”?
Asset management is a form of investment whereby the saver, through a mandate, entrusts the management of his assets to a person authorised to operate on his behalf with his money, within the limits of a mandate that is signed by the client himself .
Within the framework outlined by this mandate, the intermediary decides autonomously how to invest the client's capital, in a manner consistent with the terms and methods that have been contractually established by the parties. In this way, therefore, a certain degree of autonomy is maintained for the professional who can manage the resources entrusted to him as he sees fit, but remaining within the context of operations and investments in some way already preliminarily authorized by the saver.