Aberdeen AM signs distribution agreement with Banca Generali
Italy’s Aberdeen Asset Management branch has entered a distribution agreement with Banca Generali to sell in Italy its Luxembourg-domiciled fund range.
According to industry association Assogestioni’s data of July, Aberdeen AM currently manages in Italy some €2bn
Laura Nateri (pictured), country head Italy at Aberdeen AM, said: “The distribution agreement follows other partnerships with Banca Generali, such as BG Selection Sicav, the open-ended fofs system where Aberdeen AM manages two emerging markets mandates.”
Another partnership between Aberdeen AM and Banca Generali was BG Stile Libero, an insurance product launched by the bank also offering some of Aberdeen’s funds.