Fabrizio Zumbo

Director, Retail, Europe

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About Fabrizio

Fabrizio leads the European Retail/Wholesale Asset Management research practice, which focuses on analyzing asset management product development trends, investment, operational and marketing strategies, market and distribution dynamics, regulatory changes, and performing market and competitive intelligence in the United Kingdom, Continental Europe, and the Nordics.

Prior to joining Cerulli, Fabrizio served as a Lead Industry Analyst at State Street in London and as a Senior Analyst & Research Editor for the PwC’s Global Market Research Centre in Luxembourg. Previously, he carried out several field-based research projects in emerging and frontier markets for international market research and economic consulting firms, spending almost five years performing economic and industry analyses in several countries in Latin America, Africa, and the Middle East.


  • Warwick Business School, UK
    MBA Candidate
  • University of Bologna, Italy
    M.Sc. Development Economics, magna cum laude
  • University of Bologna, Italy
    B.Sc. International Relations

Areas of Expertise

  • Data, market, and competitive intelligence on different segments of the asset and wealth management industry in the United Kingdom, Continental Europe, and the Nordics
  • Market trends and dynamics of mainstream and alternative asset classes, exchange-traded funds (ETFs), environmental, social, and governance (ESG), and responsible investing 
  • Strategic consulting, focusing on market-entry strategies, product-viability analysis, investors’ and intermediaries’ behaviors, competitive benchmarking, customized industry research, and thought leadership
  • Private banking and wealth management segments
  • Global markets, macroeconomics, and geopolitics

Recent Project Work

  • Market-entry strategy for a large U.S.-based asset manager willing to launch new products in selected European markets
  • Competitive analysis, product, and market assessment for a large Europe-based asset manager
  • Brand assessment analysis in several European countries for a large Europe-based asset manager
  • Several white papers and thought leadership reports for large international asset managers

Learn More about the European Practice

Cerulli’s Europe practice evaluates the key drivers of product development, distribution, and demand across retail and institutional asset management.

Learn More

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