Kairos turns 15 and announces its new objectives

26 September 2014

A crowded press conference was held on the morning of September 24th as Kairos management publicly debuted the new headquarters on Via San Prospero, Milan. Meeting with reporters from major national newspapers, Paolo Basilico, the Group’s Chairman and CEO, and Fabio Bariletti, General Manager, made the most of the occasion to announce upcoming projects, objectives and reaffirm the identity of Kairos, which turns fifteen this year. “We are thrilled to celebrate this anniversary with funding data that put us up among Italy’s top asset management players, with AUM growth of around 50% in the past 18 months”. Basilico also described the Group’s distinguishing characteristics, which have formed its identity and strength over time: independence, the creation of products unfettered by a benchmark-based approach, an innovative private banking and asset management mix, an international approach with strong local roots, intelligent partnerships and passion. Underlining the importance of having an in-house factory for its products – rather than merely assembling third party products – Basilico went on to discuss the Group’s strategic alliance with the leading international player Julius Baer, which in 2013 led to the creation of Kairos Julius Baer SIM and continues today with plans to open a private bank in 2015.

Fabio Bariletti took the floor next, illustrating the Group’s offer and explaining the special characteristics of its services, which focus on two fields in particular: Wealth Management and Asset Management. “We are always highly focused on understanding shifts in trends to create products that make the most of opportunities wherever they arise,” he noted. “This is what happened in 2013 with KIS KEY, a fund centered around regulated businesses in Europe that is performing exceptionally well. And this is what we hope will happen with the product we will be launching in the fourth quarter, KIS Real Return: a multi-asset fund with the aim of achieving real positive returns even when interest rates in the US and the UK begin to rise and investments in bonds are put under pressure.”