12 January, Corriere del Trentino
Castello sgr is winding up the reserved property fund “Bramante”. The fund was previously managed by Valore Reale Sgr which was 100% acquired in March 2016 by Castello sgr. Banca d’Italia communicated that Luca Belleggi has been appointed as liquidator. Castello has inherited from Valore Reale 14 funds that the company is gradually closing due to the financial stress they’d been exposed to.
Source: Corriere del Trentino
Translator: Cristina Ambrosi