{"id":80,"date":"2023-01-16T06:06:02","date_gmt":"2023-01-16T11:06:02","guid":{"rendered":"https:\/\/forexrainbow.com\/fineco-am-invests-in-the-eibs-first-digital-bond\/"},"modified":"2023-01-16T06:06:02","modified_gmt":"2023-01-16T11:06:02","slug":"fineco-am-invests-in-the-eibs-first-digital-bond","status":"publish","type":"post","link":"https:\/\/forexrainbow.com\/fineco-am-invests-in-the-eibs-first-digital-bond\/","title":{"rendered":"Fineco AM invests in the EIB’s first digital bond"},"content":{"rendered":"
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Fineco Wealth Management<\/strong>an Irish wealth management company wholly owned by FinecoBank<\/strong>made an investment in first digital bond<\/strong>due April 28, 2023. The Notes were issued by European Investment Bank (EIB)<\/strong>. The latter, founded in 1958 and chaired by Werner Hoyer, provides funding for projects that help achieve EU goals inside and outside the European Union. The Bank takes out loans<\/strong> on the capital markets e pays off loans<\/strong> on favorable terms for projects in support of EU objectives. About the 90%<\/strong> the loan is paid off in the EU<\/strong>. The money does not come from the European budget.<\/p>\n The digital bond is part of an in-depth study of digital assets and technology Blockchain<\/strong> on the basis of the same to understand the important developments that are underway in the field of technologies for the financial world.<\/p>\n The project, supported by Soci\u00e9t\u00e9 G\u00e9n\u00e9rale \u2013 Smithy<\/strong> in planning and executing the transaction, was personally looked after by Fineco Asset Management Enrico DiSavia Puglisi<\/strong>Legal advisor and specialist in the field of digital assets, with the support of Jack Kelly<\/strong>Senior Bond Portfolio Manager for the investment side.<\/p>\n Thanks to the transaction, Fineco Group is one of the first digital asset subscribers in Italy.<\/p>\n We remember that last December the first digital native bond on blockchain platform (DLT) in Europe<\/strong>. The bond was issued by the Veneto Wine Company Quarter Spa. <\/strong>the DLT Bonds<\/strong> for a period of five years (2022-2027), for a total amount of 1 million euros<\/strong>has been fully subscribed to by Valsabbina bench<\/strong>. Integrated sim<\/strong> acted in the sole structuring role and leveraged fintech collaboration Escaped <\/strong>(Sandbox srl), the law firm LX20<\/strong> law firm and the Morone Notary Firm. Valsabbina bench<\/strong> founded and is the sole investor in the operation.<\/p>\n Fineco Asset Management is the asset management company wholly owned by FinecoBank. Operating since July 2018, it is based in Dublin and represents a center of excellence for managing and building investment solutions for the composition of clients’ asset allocation, with the aim of meeting financial planning needs, even the most complex and demanding . It offers investment solutions tailored to the diverse needs of savers: highly diversified funds of funds; funds diversified by risk profile; funds delegated to the best global investment firms; protected equity funds; Decumulation funds designed to allow for gradual market entry. As of December 31, 2022, Fineco Asset Management managed assets for 25.9 billion euros<\/strong>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Fineco Wealth Managementan Irish wealth management company wholly owned by FinecoBankmade an investment in first…<\/p>\n","protected":false},"author":1,"featured_media":81,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-orders"],"yoast_head":"\nThe other subscribed digital bonds<\/h2>\n
Who is Fineco Asset Management?<\/strong><\/h2>\n