Investec secures distribution agreement in Italy
Investec Asset Management’s Italian branch has signed a distribution agreement with Online Sim.
Investec’s funds range available on Online Sim includes Investec European Equity; Investec Global Franchise, which taps global equities; Emerging Market Local Currency Dynamic Debt and Global Multi Asset Income.
Online Sim currently gives investors access to more than 4,000 funds and Sicavs of above 130 Italian and foreign asset management companies and aims at both private and institutional investors as well as independent advisers.
Investec landed in Italy in 2014 and sales director Marco Orsi (pictured) said the partnership with Online Sim will allow the South African asset manager to get access to the Italian retail investor segment, which is a priority in the company’s business plan.