CGM – AZIMUT MONACO (Compagnie de Gestion Privée Monégasque) is a leading asset management company in Monaco and an accredited partner of a number of major private banks.
CGM – AZIMUT MONACO’s mission is to offer tailor-made financial services at a global level, targeted at high net worth individuals (HNWI).
CGM – AZIMUT MONACO was established in Monaco in 2000 by three individual shareholders (Sergio Bindi, Alessandro Cavalli, and Andrea Salerno) and the institutional shareholder BSI Bank.
CGM Italia Sim was opened in 2006 when Marco Farina joined the team, marking a fundamental transformation for CGM Group (Italy division + Monaco division) and leading it to reach, in 2017, over EUR 2 billion in assets under management.
In 2011, BSI sold its equity interest to Azimut Group, which now controls 100% of the share capital of CGM – AZIMUT MONACO.
The strategic partnership with Azimut has expanded the range of specialist products for HNWI clients, making CGM – AZIMUT MONACO today one of the largest asset management companies in Monaco.
CGM – AZIMUT MONACO’s asset managers and financial analysts are all highly specialised professionals with extensive experience acquired over the years with international financial institutions.
The CGM – AZIMUT MONACO team boasts over 25 years experience in the asset management sector.
The staff at CGM – AZIMUT MONACO manage the following divisions internally: Discretionary Asset Management, Advisory Services, Execution, Information Technology, Back-office, Client Portfolio Reporting, Compliance, and Risk Management.
Accounting, legal services, and internal and external auditing are instead outsourced to external providers.