by Giuliano Castagneto
As reported in the Bank of Italy's Annual Report for 2022, presented at the end of May by Governor Ignazio Visco, the expansion of Italian closed-end alternative investment funds (AIFs) continued in 2022.
More in detail the Report reads, "Approximately three quarters of the assets of the sector are attributable to real estate AIFs. The value of assets held by them rose to 114 billion euros, also benefiting from positive net inflows in line. . .