AZIMUT HLDG

Overview

Azimut Holding S.p.A. is an independent financial-services group operating in asset management, wealth management, investment banking and fintech. Its services include investment solutions across public and private markets and wealth-management offerings for individuals and businesses. The company describes its mission as channeling investors’ patient capital to businesses through specialized platforms.[1]+2

Azimut reports operations in 20 countries and more than 2.5 million clients worldwide.[4] At 31 December 2025, it reported 1,058 employees, excluding financial advisers not covered by the relevant local regulations.[5] Consolidated revenue for 2025 was €1,404.422 million.[6] The company’s investor-relations page reports total assets of €157.9 billion as of June 2026.[4] [5]+5

Products & services

Azimut offers investment and insurance products alongside asset-management and wealth-management services across public and private markets. Its offerings include mutual and alternative funds, discretionary and advisory mandates, life-insurance and pension solutions, and investment-banking and fintech services.[7]

Products planned for FY2026 include two UCITS funds—US Active Index and Cat Bond—and two life-insurance solutions, Life Plan and Life Protection. Azimut Global Wealth Solutions also planned Enhanced Commodity and Japan Equity strategies for delivery through AMC, SMA/UMA, advisory, and discretionary portfolio management (DPM) channels. Separately, Azimut NSI planned five active ETFs: U.S. Large Cap Growth, U.S. Large Cap Value, Global Infrastructure, Global Macro Bond, and Convertible Bond.[8]+12

As of 31 March 2026, mutual funds had €51.070bn in assets under management (AUM), up 3.6% from year-end 2025, while alternative funds had €7.504bn, up 5.1%. Discretionary and advisory assets were €43.320bn, down 1.1%, and life and pension assets were €10.156bn, down 2.1%. These are product-category AUM figures and changes, rather than individual product returns.[21] [7]+21

Geographic presence

Azimut Holding operates across Europe & MENAT, Asia-Pacific and the Americas. Its listed markets include Italy, Ireland, Luxembourg, Monaco, Switzerland, Turkey, the UAE, Egypt, Morocco, Saudi Arabia, Portugal, Hong Kong, China, Singapore, Australia, Chinese Taipei, Brazil, Mexico, Chile and the United States; group-company disclosures also identify South Korea.[22]+2 The company’s current profile states that it operates in 20 countries.[1] Its official directory lists international locations, while its factsheet gives the holding company’s address in Milan, Italy.[25][26]

For 2025, fee and commission income was €1,040.976 million in Italy, €201.766 million in Europe–Middle East, €103.101 million in the Americas and €25.082 million in Asia-Pacific—approximately 75.9%, 14.7%, 7.5% and 1.8% of the reported total, respectively.[27] At year-end, assets under management were €126.808 billion: €68.003 billion in Italy, €10.636 billion in EMEA, €13.931 billion in the Americas and €3.954 billion in Asia-Pacific; €30.284 billion was classified as strategic affiliates.[28] The group reported 1,058 employees for 2025; the cited disclosure does not provide a geographic breakdown.[29] [22]+8

Business segments

AZIMUT HLDG reports four geographical operating areas for FY2025: Italy, Europe–Middle East, Americas and Asia-Pacific. Across these areas, the company describes a common business model centered on asset management and the promotion, distribution and management of financial and insurance products, including unit-linked products. Italy includes relevant Italian controlled companies and certain foreign product companies; the other areas cover foreign-company activity in their respective regions.[30]+3

Based on FY2025 fee and commission income, Italy generated €1,040,976 thousand, about 75.9% of the four-area total; Europe–Middle East €201,766 thousand (14.7%); Americas €103,101 thousand (7.5%); and Asia-Pacific €25,082 thousand (1.8%). Shares are calculated from the reported amounts and rounded.[27]

The FY2025 results presentation also shows a client-segment view: Integrated Solutions (€1,189 million, about 84.7% of group revenue), Global Wealth (€105 million, 7.5%), Institutional & Wholesale (€110 million, 7.8%), and Strategic affiliates (no revenue amount shown in the table). The percentages use the €1,404 million group revenue figure; the presentation’s cited table names these segments but does not specify their individual business focus.[34] [30]+20

Company history

Azimut’s origins date to 1988, when the business was established by Akros Finanziaria. Pietro Giuliani joined in 1990 and led the development of its fund-management and distribution network; company materials also mark 1990 as the Group’s founding.[35] It established a Luxembourg hub in 1998 and, following a management buyout backed by Apax Partners, completed the buyout in June 2002.[35]

Azimut began trading on the Milan Stock Exchange on 7 July 2004.[4] It expanded internationally from 2010, including into Asian markets and Turkey, and entered Brazil in 2013.[36] In 2014, it expanded through acquisitions in Turkey, Mexico and Australia.[37][38] In 2016, Giuliani became Chairman as the CEO role was separated from the chairmanship.[39] [35]+5

Sources

• www.azimut-group.com[1]
• www.azimut-group.com[2]
• www.azimut-group.com[3]
• www.azimut-group.com[4]
• AZIMUT HLDG — Full financial report (2025 Y)
  11 citations

  [5][22][23][24][27][28][29][30][31][32][33]
• AZIMUT HLDG — Press release (2025 Y)[6]
• AZIMUT HLDG — Press release (2026 Q 1)[7][20]
• AZIMUT HLDG — Presentation (2025 Y)
  13 citations

  [8][9][10][11][12][13][14][15][16][17][18][19][34]
• AZIMUT HLDG — Presentation (2026 Q 1)[21]
• www.azimut-group.com[25]
• www.azimut-group.com[26]
• docs.publicnow.com[35]
• docs.publicnow.com[36]
• www.fundssociety.com[37]
• doczz.net[38]
• st.ilsole24ore.com[39]