BPM and Legg Mason team up for Martin Currie in Italy
Italy’s Banca Popolare di Milano (BPM) and Legg Mason Asset Management have signed a distribution agreement which will make Martin Currie’s funds available on the Italian market.
The first fund to be available will be the Legg Mason Martin Currie GF European Absolute Alpha, a European equity fund with long/short strategy.
Marco Negri (pictured) country head Italy for Legg Mason said that the relationships built with private banking networks in Italy have proved to be particularly positive, which pushed the company to sign the agreement with BPM.
Gianfranco Venuti, head of Private Banking and Wealth Management at BPM added that the addition of Martin Currie’s funds to its range will boost and diversify its offer to clients.