The asset manager has appointed Nicolò Foscari as head of multi-asset insurance & risk solutions, outsourced CIO solutions. Foscari will be based in Milan and comes to Amundi from Morgan Stanley Wealth Management in New York, where he was a senior investment office and an outsourced CIO since May 2016.

Before Morgan Stanley, Foscari spent around 16 years at Credit Suisse Wealth Management, both in Europe and the US. He also held positions at Multi Asset Class Solutions in Milan and Investment Strategies and Solutions in New York.