M&G Investments Italy has entered into an agreement to distribute its funds through Credem and Banca Euromobiliare’s networks of advisers and private bankers.
The distribution agreement is in line with M&G’s plans to expand its mutual funds presence in Italy.
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The agreement includes about 650 financial advisors and private bankers from Credem and 365 private bankers and financial advisors from Bank Euromobiliare.
Matteo Astolfi , Italy country head at M&G Investments, said: "In order to remain loyal to our growth strategy we need the support of top level professionals.
"We are therefore happy to have signed a distribution agreement with Credem and Banca Euromobiliare, who both boast a strong connection with the territory and their clients," he added.
Founded in 2004, M&G Investments has 9 billion AUM in Italy.
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