Banca Mediolanum and M&G Investments sign partnership
Italy’s Banca Mediolanum has signed a distribution agreement with M&G Investments that will make its funds available to Banca Mediolanum’s retail clients.
Part of M&G’s funds will be included in Banca Mediolanum’s unit linked range, My Life di Mediolanum Vita S.p.A..
Massimo Doris (pictured), Banca Mediolanum’s CEO, said the partnership was signed in order to broaden and diversify the bank’s mutual fund offer.
M&G’s Italy country head Matteo Astolfi has hailed the distribution agreement as a long-term commitment to the Italian market.