Among the new mutual funds, a highlight is the launch of the WisdomTree Physical AI, Humanoids and Drones UCITS ETF (WPAI), a listed ETF that aims to replicate, before fees and expenses, the performance of the WisdomTree Physical AI UCITS Index and offers thematic exposure to artificial intelligence, humanoid robotics and drones. On the credit side, four new active ETFs from Robeco were introduced, focused on European and global high yield bonds and on the “enhanced index” credit universe in euro and US dollar, all listed on Borsa Italiana’s ETFplus market.
It was a busy February for Italy’s asset management industry and financial advisory networks, with numerous new funds and ETFs as well as several senior role changes across sector companies. Over the month, 26 new mutual funds were launched, largely in the passive products segment, while there were six role changes in asset management and in private banking and advisory networks, plus two new appointments in real estate and publishing. This picture emerges from an analysis of news released by the press and from the press office activity of asset management companies.
The new mutual funds and ETFs just launched in Italy
- WisdomTree Physical AI, Humanoids and Drones UCITS ETF (WPAI), a listed ETF that aims to replicate, before fees and expenses, the performance of the WisdomTree Physical AI UCITS Index and offers thematic exposure to artificial intelligence, humanoid robotics and drones.
- On the credit side, four new active ETFs from Robeco were introduced, focused on European and global high yield bonds and on the “enhanced index” credit universe in euro and US dollar, all listed on Borsa Italiana’s ETFplus market.
- Janus Henderson Investors expanded its range of bond ETFs with the Janus Henderson US Short Duration High Yield Active Core UCITS ETF (JSHY), which targets short-duration high yield credit in US dollars.
- Invesco launched an active ETF that allows investors to participate in the performance of the Nasdaq-100, with the additional objective of distributing a steady monthly income stream.
- Among Italian PIRs (Individual Saving Plans), Amundi sgr launched the new PIR-compliant 3.0 fund Amundi Crescita Italia, designed to support the growth and development of Italian small and mid caps by channeling capital into the real economy.
- In thematic investing, UBS Asset Management introduced the UBS Nuclear Economies UCITS ETF, which provides targeted exposure to the uranium and nuclear energy value chain through a UCITS vehicle.
- UniCredit announced that in the coming months it will debut seven proprietary ETFs, the first to be managed internally by the bank and destined for the onemarkets platform.
- In the leveraged products space, Leverage Shares listed on Borsa Italiana fixed 3x long and short ETPs on Bitcoin (BTC) and Ethereum (ETH), aimed at professional investors.
- YourIndex SICAV brought six new ETFs to ETFplus: five government bond ETFs (euro area and United States, with different maturities and a euro-hedged share class for US debt) and one equity ETF focused on North America.
- Columbia Threadneedle Investments listed the active UCITS CT QR Series Global Equity ETF on the Frankfurt, Zurich and London exchanges, with the goal of providing core exposure to global equities.
- DWS expanded its range of short-term bond ETFs with the Xtrackers Floating Rate Notes Active UCITS ETF, aimed at investors seeking regular income while maintaining a contained risk profile.
- ProShares also launched the ProShares GENIUS Money Market ETF (IQMM), which meets GENIUS Act requirements and can hold reserves in stablecoins.
New appointments in financial advisory networks and more
- Schroders, a global active asset manager present in Italy for thirty years, appointed Fabrizio Bianchi as its new Head of Italy.
- Ceresio Sim named Simone Fato as its new Head of Operations; he joins from Banca Profilo, where he held the same position.
- At Mediobanca Premier, Lorenzo Bassani and Gianluca Talato left their respective roles; Gian Luca Sichel, already Chief Executive Officer of Mediobanca Premier and Compass, was appointed to succeed Bassani.
- GAM Investments strengthened its presence in the Italian market by appointing Alessandro Arrighi as Client Director, in line with its strategy to consolidate distribution in the country.
- Banor announced the addition of Pietro Fiocchi to its team of wealth advisors, supporting the development of the division dedicated to high net worth and ultra high net worth clients.
- At Valori Asset Management, Viola Benini joined with a remit to contribute to the analysis and assessment of private markets initiatives alongside the rest of the team.
Among other appointments, Marco Sciuccati was named the new Human Resources and Organization Director of the Mondadori Group, while Davide Carlino joined Roger Group as the new Director of Real Estate Development.
For an overview of early-year trends in the sector, you can also refer to the appointments and mutual funds of January 2026
- 26 new funds and 6 appointments in the Italian asset management industry
- Unicredit introduces goal-based investment funds in Italy
- Football: record revenues for top clubs, Real Madrid over €1 billion
- December moves in Italy: Soncini appointed CEO of Cordusio Fiduciaria
- How many journalists are there in Italy?
