About us

UBI Pramerica SGR is the asset management company created as a joint venture between UBI Banca and Pramerica Financial* in 2001.  The partnership combines the substantial presence and long history of UBI Banca in the Italian market with the international investment management expertise of Pramerica Financial.

UBI Pramerica offers a wide and comprehensive range of investment solutions to suit every risk/return profile and includes Italian domiciled mutual funds, a Luxembourg sicav, individually managed accounts invested in funds and securities and the management of mandates for institutional clients.  As of 31st March 2018, UBI Pramerica managed AUM of about 59,2 bn euro.

The mission of UBI Pramerica is to create value by integrating local knowledge and global expertise in order to protect and grow the wealth of its customers.  To maximize results, UBI Pramerica combines the local capabilities of the Italian management teams with the global professional expertise of Pramerica Financial, for a total of over 400 specialists: in addition to its teams specialized in Euro area based in Milan, UBI Pramerica relies on the expertise and professional skills of three units specialized in asset management, based in the United States and controlled by Pramerica Financial, i.e. Jennison Associates, PGIM Fixed Income** and QMA (Quantitative Management Associates).   UBI Pramerica sets the investment goals and strategies and defines the global strategic and tactical asset allocation, while the individual investment teams implement the portfolios in accordance with the agreed-upon strategies.

The offerings of UBI Pramerica is available through the over 1,800 branches of the UBI Banca Group, the network of financial advisors and third party distributors.

 

UBI Pramerica is controlled for 65% by UBI Banca Group and for 35% by Pramerica Financial.

UBI Pramerica declares to be complyant with Global Investment Performance Standards (GIPS ®) (***).

* Pramerica Financial is a brand name used by Prudential Financial, Inc. ("PFI") in selected countries outside of the United States and is not affiliated with Prudential Plc, a company headquartered in the United Kingdom.

** PGIM Fixed Income is the trade name used in specific countries outside of the United States by PGIM, Inc.("PGIM"), a subsidiary of Prudential Financial, Inc.("PFI"), a company incorporated in the United States. PGIM Fixed Income operates primarily through PGIM, Inc. (“PGIM”), a registered investment adviser under the U.S. Investment Advisers Act of 1940 and the principal asset management business of Prudential Financial, Inc. (“PFI”). PFI is not affiliated with Prudential Plc, a company headquartered in the United Kingdom.

*** The Global Investment Performance Standards (GIPS ®) published by the CFA Institute consist of a set of deontological principles adopted on a voluntary basis by the management companies in order to ensure the homogeneous application of specific criteria for the presentation of investment performance and full transparency toward customers and market, according to a globally standardized approach and extended to the whole sector. Managing Company: UBI Pramerica SGR S.p.A., with reference to its managing investment portfolios activities, including delegated managed third parties portfolios and delegated portfolios to third parties, realized in implementation of its corporate purpose. Performance presentations and / or descriptive list of composites available on request (click here). 
UBI Pramerica has been verified by an independent auditing company for the period 31/12/2011 - 31/12/2016. Compliance report available on request (click here). 
Verification activities evaluate standards GIPS ® compliance of composites requirements and related policies and procedures for calculating and presenting performance. The verification activity does not guarantee the accuracy of the presentation of each single composite.