Alida Carcano, CFA, Founding Partner of Valori Asset Management SA boasts over 20 years of experience in the banking sector and in Private Banking at a global level. Before founding Valori, you held prestigious positions at Credit Suisse Group (where you were also, as Managing Director, Global Head Investment Products Strategy), Lombard Odier & Cie, UBS and Deutsche Bank. Graduated magna cum laude from Luigi Bocconi University in Milan, Alida perfected her knowledge by obtaining the Chartered Financial Analyst (CFA) title in the United States in 1994. Since 1996 she has held numerous positions within the CFA Institute (including founding the Italian CFA Society in 1999), until assuming the role of Governor from 2005 to 2008, and becoming part of the “CFA European Investment Conference Advisory Group” from 2009. Alida is currently a member of the Executive Advisory Board of the CFA Institute Education Advisory Committee and is a Mentor of the Executive MBA programs at Bocconi University. She has a passion for foreign languages and cultures; she is currently studying Chinese.

Dario Micheli, Founding Partner of Valori Asset Management SA, has over 35 years of experience in banking and Private Banking, where he held management positions for some of the largest institutions operating in Italy. Prior to founding Valori, Dario collaborated in the creation of the Private Banking Division for Azimut, while at Credit Suisse Private Banking he was responsible for the Sales Department at the Italian national level for the network of promoters and branches. Previously, Dario was Regional Manager at Banca Fideuram with responsibility for Lombardia, Veneto, and Emilia Romagna for institutional relations officers, after starting his career at Credito Agrario Bresciano and working in every operational area of the bank.

Attorney Dr. iur. Marco Lucheschi obtained his law license in 1998 in Ticino after successfully completing a Ph.D. at the University of Zurich Law School. He worked for more than 16 years for a major Swiss bank in Geneva, Zurich and Lugano, offering specialized legal and tax advice to private banking clients. Since January 2016, he has opened his own law firm based in Lugano. His areas of specialization include Swiss and international taxation for individuals, real estate taxation, taxation of financial instruments and withholding taxes; civil and bond law with a focus on Swiss and international matrimonial and inheritance law with a view to comprehensive financial planning and generational asset transfers. He has also developed considerable experience in “relocation” following all administrative, legal and tax aspects of the transfer of individuals and companies from abroad to Switzerland. Attorney Dr. Lucheschi has been a member of the Board of Trustees of the Credit Suisse Group Pension Fund for more than 14 years and thus also has in-depth knowledge of pension and insurance law. He has taught tax and inheritance law subjects at the Villa Negroni Study Center and at USI. He is fluent in English in addition to national languages.

Michele Di Tuccio has been Risk Manager & Compliance Officer at Valori Asset Management since December 2021. He previously worked for Riverside Europe Partner S.à.r.l. as Risk and Compliance Director. Prior to Riverside, he was Managing Director of Zeus Capital S.A. a Swiss trust company based in Lugano. He also spent three years as Director of Zeus Asset Management S.A., a management company licensed under Chapter 15 of the Law of Dec. 17, 2010, and Director of Risk and Compliance of Zeus Capital Alternative G.P., alternative investment fund managers under the Law of July 12, 2013. He began his career at Unicredit Private Banking in Milan, later at IWBank and Credem. He holds a Master’s degree in Economics of Financial Institutions and Markets from the University of Siena.

At the beginning of his career path (1996) he was involved in head hunting for more than three years as a consultant at PA Consulting Group (now Futurestep-Korn/Ferry Company). In 2000 he joined Credit Suisse Private Banking Italy, first in the role of recruiting specialist dedicated to the development of the distribution network, and then held the position of Sales Manager of the Private Banker network throughout Italy in 2003. Since 2006, as an executive, he worked in the Azimut Group devoting himself to the Wealth Management project of the company and actively collaborated in the establishment and development of the Group’s division dedicated to HNWI customers, in the role of Head of Sales. From 2013 he worked as Network Manager at Valeur Fiduciaria SA (now BG Aequitum), becoming a partner in 2016. In November 2016 he joined the Board of Valori Asset Management Luxembourg as Chairman of the Board. As of October 2022, he leaves the Board of Valori Asset Management Luxembourg and is appointed Head of the Italian Branch (Milan) of Valori Asset Management Luxembourg.

After earning an honors degree in economics and a master’s degree in International Finance, Nicola began in Milan at Fideuram Asset Management a path on portfolio management, focusing on Japan and Far East markets. He then gained professional experience within other leading asset management companies in Italy. He then joined Euromobiliare Asset Management where he developed specific skills in equity fund management, becoming senior fund manager and head of equity team. After moving to Switzerland, he took senior positions as head of asset management and investment outlook at an independent asset manager. He was also responsible for several equity funds and launched funds in partnership with leading European institutional players. Nicola moved to Luxembourg in January 2022 to join the Valori Asset Management team where he serves as chief investment officer. Nicola has a passion for new technologies.

Pietro began his career in 2016 at AlbertiniSyz Private Bank in Milan after graduating in Business and Market Economics from Cattolica University. At AlbertiniSyz he has the role of analyst in Fixed Income for a Global Bond Sicav with focus on Investment Grade issuers and with a quantitative approach. Afterwards, he obtains a Master’s degree in Investment and Risk Finance at Westminster Business School (January 2018 – January 2019) with a final grade GPA 4 (Distinction) and through scholarship obtains CFA Level 1. In March 2019, he joins Valori Asset Management as a Junior Portfolio Manager in the bond desk and earns Chartered Financial Analyst (CFA) in 2021. In 2022, he obtains the ESG Analysis & Investing certification from Politecnico di Milano.

Paolo has over 12 years of experience in fund management. In 2010 he began his career in BG SGR in the management team, to then gain experience in New York as Analyst in Tandem global partners (Macro Hedge Fund). Subsequently, he held various roles in the management team between 2012 and 2014 in Banca Farmafactoring and in Euromobiliare SGR before arriving in Switzerland in Mangart as Portfolio Manager Assistant. Back in Italy in 2016, he became Bond Manager of Banca Albertini Syz, managing a flexible global sicav, coordinating advisory, treasury and also being a member of the Investment Committee. He joined Valori Asset Management in 2019, he holds the role of Fixed Income Portfolio Manager as head of the bond desk. Graduated with honors in International Economics and Finance at the University of Milan.

Federico Brambilla holds a master’s degree in Banking, Markets and Corporate Finance at Carlo Cattaneo LIUC University of Castellanza. While earning his master’s degree, he had his first professional experience through an internship about 6 months at Azimut Capital Management SGR S.p.A as a Junior Analyst in the Wealth Management Division. From February 2023 he started a new internship at Valori Asset Management – Italian Branch and in April 2023 he was hired as a Junior Analyst.

Mario Bruni joined Valori Asset Management in December 2024. He has more than 30 years of experience in financial markets in various roles always related to trading and risk management. Former Head of Proprietary Trading at Banca Leonardo and Global Equity Trading at Banca IMI, during his career he has also worked on FX, bonds, derivatives and structured products. Most recently, he has mainly been involved in asset management as a portfolio manager.

Already enrolled in the Ticino register of Financial Trustees and qualified as a Chartered Accountant in Italy, he has a Master in Business Administration (MBA) from Stanford G.S.B., is a Fulbright Scholar and has a degree with honors in Economics from the Luiss University of Rome.

Piergiorgio brings several decades of experience in the banking and financial services sector, with a career built across commercial management, network coordination, service model development, and team leadership in both national and international contexts. Throughout his professional journey, he has held positions of increasing responsibility, developing a strong specialization in private client relationships and the management of complex organizational structures. He gained significant experience at BPER, where he served as Head of Front Office, focusing on relationship management and oversight of commercial processes. He subsequently continued his professional growth at Unipol Banca, where he held strategic roles in the evolution of distribution channels and business models. In particular, he served as Director of the Call Center and Digital Bank, with responsibility for customer experience and operational governance, and later as Head of Branch Coordination, overseeing and harmonizing the activities of the network of financial advisors, insurance agencies, and bank branches across the territory. After obtaining his registration with the OCF Register (Financial Advisors), his career further consolidated at Citibank, where he worked as a Team Manager, leading people and processes within an international environment characterized by high operational standardization and strong results orientation. He then joined Banca Patrimoni Sella & C. as an Area Manager, with responsibility for the development of the commercial network and the management of high-net-worth clients, integrating advisory expertise, financial planning, and oversight of asset gathering and profitability targets. Thanks to a transversal and integrated vision, Piergiorgio has consistently combined strong relational skills with organizational leadership, ensuring service continuity and effective execution in highly competitive environments. From an academic perspective, Piergiorgio graduated with Honors in Communication Sciences (2022) from the University of Teramo, presenting a pioneering thesis on Artificial Intelligence. This further strengthened a distinctive professional profile that combines financial expertise, advanced communication skills, and a strong focus on technological innovation applied to service models and client relationships.

Currently Operational Portfolio Manager at Valori Asset Management SA, Anastasia Casartelli brings with her solid experience in finance and asset management, with expertise in both wealth management and mutual fund management. Previously, she held the positions of Associate Fund Manager and Private Asset Manager Associate at Pharus Asset Management SA, where she honed her skills in portfolio construction and analysis, trading, operations management and customer service.
A graduate in Economics of Markets and Financial Intermediaries from the Catholic University of Milan, and in Banking, Markets and Corporate Finance from the Carlo Cattaneo University, she has enriched her background with international experiences at the IÉSEG School of Management in France and language courses in the UK. Passionate about finance and aware of the value of continuous learning, Anastasia is always motivated to improve herself and take on new challenges.

Roberto has many years of experience in financial markets. He spent the first part of his career in the Intesa Group as a fixed income trader and manager of the Bank’s proprietary portfolio. He then moved to Geneva joining a Private Bank active in Wealth Management, dealing initially with Capital Markets and later with Asset Allocation and Portfolio Management. In 2012, he started an Advisory company in Fund Management dealing with fixed income and equity markets and helped launch and develop a Luxembourg Sicav with active investment compartments in fixed income and equities. He joined Valori in 2023 in the role of senior portfolio manager. He holds an honors degree in Business Administration – Corporate Finance from Bocconi University in Milan.

Roberto holds a degree in Business Administration with a focus on Corporate Finance from Bocconi University in Milan. He has more than 20 years of experience in mutual funds. He spent the first part of his career in Milan at Kedrios Spa gruppo Sia (now Xchanging Italy) as a back-office specialist in harmonized mutual funds and hedge funds. In 2006, he moved to Mendrisio, Switzerland, joining Pharus Asset Management Sa, an asset manager under Swiss law, first as Head of back-office and later as Risk Manager & Nav Control. During his career, he acquired extensive knowledge in the areas of Investment Compliance/Restrictions and fund administration. He participated in the launch of new Sicav sub-funds and various projects cooperating with Management Companies, Central Administrators, Custodian Banks and software-houses.
He joins Valori Asset Management SA in September 2023 in the role of Operations Manager and then from February 2024 in the role of Senior Operational Risk Manager.

Frederic Moeremans joined Values Asset Management in October 2023. He began his career with Merril Lynch in 1994 as a financial advisor. Two years later, he was involved from day one in the creation of the BNP branch in Lugano. Later, Frederic joined Crédit Lyonnais becoming a member of the board of directors, with additional responsibility for portfolio management. In 2005 he began his career as institutional sales, representing in Europe many U.S. brokers such as Suntrust, Morgan Keegan, Sterne Agee, and Wedbush Securities. Frederic holds a degree in Political Science from the University of Milan. During his career, he completed several training courses in financial trading and qualified as a branch coordinator in U.S. equities and portfolio manager. Of Belgian origin, he speaks Italian, English, and French.

After completing his studies in economics, Danilo began his career in London within investment banking where he built a solid foundation in equity research and proprietary trading. He later moved to Milan and joined an asset management company focused on the energy sector, refining his skills in portfolio construction and risk management while working with international institutions. In 2003 he returned to London and entered the hedge fund industry where he earned professional recognition. In 2014 he relocated to Switzerland and founded his family office where he developed systematic investment strategies rooted in quantitative research and macro analysis. He launched equity and credit strategies with a focus on the Energy Transition and collaborated with European institutional partners. In 2025 he joined Valori Asset Management to lead the development of the Dogma Renovatio strategies and support new investment solutions for allocators.