Astor Sim Spa

Astor Investment Advisors is an investment management company authorized by the relevant Italian authorities to manage institutional portfolios (Consob authorization n. Astor adopts an innovative portfolio management style called “Theme Investing”. Theme Investing differs from the traditional asset allocation approach, as it allocates portions of the portfolio to investment themes and long term economic trends, choosing financial instruments as a consequence of the thematic choices; the resulting composition of the portfolio is a consequence, and not a driver, of the investment strategies. Theme Investing is an asset management approach that, in the long term, obtains better returns than the traditional asset-class-driven allocation approach. Astor SIM AUM currently stands at approximately EUR125MM