Stefano Amato has joined M&G Investments as a senior fund manager in the multi asset team. Amato, who joins from Santander, will co-manage the 1.1 billion euro M&G (Lux) Income Allocation Fund alongside Steven Andrew to whom he will report.
Based in London, Stefano brings a strong 15-year track record across asset management and financial markets to the team. He joined M&G on 31 October from Santander Asset Management where he was head of multi asset solutions and lead portfolio manager for global flagship institutional and total return mandates.
Stefano will contribute to asset allocation decisions, while working collaboratively with the wider team to implement investment ideas across multiple mandates, under the leadership of CIO Fabiana Fedeli. Launched in November 2013, the fund is invested in a diversified range of asset classes across all major markets, and applies M&G’s well established multi asset philosophy, which combines a robust valuation framework with a tactical assessment of behavioural factors.
Sustainability considerations
The fund will also explore ways to further enhance its sustainability considerations within the investment and portfolio construction process, with the involvement of Maria Municchi, deputy fund manager.
“We are delighted to welcome Stefano to the team. Stefano brings with him a wealth of experience and investment insight which will contribute to the whole team’s analysis and investment decision-making,” said Steven Andrew. “His approach, like the Multi Asset team’s, combines rigorous analysis of asset pricing and economic data with a deep understanding of the impact that investors’ emotions have on their investment decisions.”
“This is an extraordinary team with a long history of innovation and success,” Amato said in a statement. “It’s an honour to join such talent, and I look forward to contributing my experience and skillset to M&G’s continued success.”
“Our Multi Asset team has a unique investment philosophy that has stood the test of time and successfully navigated ever more volatile markets,” said Fabiana Fedeli, Chief Investment Officer of Equities and Multi Asset. “The addition of Stefano to the team underlines our continued commitment to delivering a rigorous and consistent investment process that meets our clients’ evolving requirements.”