Business · Companies · 10 hrs ago
Eugenio Quarti named head of Laborfonds, overseeing €4.6 billion
Eugenio Quarti became Laborfonds director general on November 1.
The pension fund serves employees of companies in Italy’s Trentino-Alto Adige region.
He oversees savings of more than 160,000 members, worth €4.6 billion, according to 2025 figures.
The fund invests these savings to support members’ future pensions, while managing the effects of financial market swings.
Laborfonds has funded 460 local businesses and housing at moderate rents for 1,500 people, and returned €1.8 billion to members over 25 years.
Supplementary pension participation in the province is about 67%, compared with 43% to 45% nationally.
A regional official proposed a compensation mechanism to protect people who retire during a market downturn, if laws allow it; no decision on creating one was reported.
Eugenio Quarti became director general of Laborfonds on 1 November, taking responsibility for €4.6 billion in savings.
The supplementary pension fund serves more than 160,000 members, according to 2025 figures.
Quarti was selected from more than 100 candidates and previously led Laborfonds’ administration and finance area.
Laborfonds has financed 460 local businesses and provided moderately priced housing for 1,500 people.
Over 25 years, the fund has returned €1.8 billion to members.
- Who
- Eugenio Quarti, the new director general of Laborfonds.
- What
- He is responsible for managing the fund’s savings, totaling €4.6 billion.
- When
- He took up the role on 1 November. The article was published on 3 November 2026.
- Where
- Laborfonds serves employees of companies in Trentino-Alto Adige, Italy.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Quarti was selected from more than 100 candidates for the director general role.
Quarti took responsibility for managing Laborfonds’ savings.
- New director
- Eugenio Quarti
- Assets under management
- €4.6 billion
- Members
- More than 160,000, as of 2025
- Local businesses financed
- 460
- Moderately priced housing
- For 1,500 people
- Returned to members
- €1.8 billion over 25 years
What people are saying
It is essential that workers understand how savings intended for supplementary pensions do not only build their own future income, but also bring a tangible benefit to the entire community.
The objective is to avoid penalizing those who reach pension eligibility and leave the fund during an unfavorable market phase compared with those who leave during an upswing.