Investec boosts partnership with Old Mutual Wealth in Italy
Investec Asset Management has extended the range of funds distributed through the distribution network of Old Mutual Wealth, part of Old Mutual Group.
The new deal brings from three to ten the number of Investec’s mutual funds Italian investors can have access to through Old Mutual Wealth unit-linked policies.
Among the new funds available, remain the Investec Global Franchise Fund, a global equity fund invested in high quality stocks; the Investec European Equity Fund and the Investec Global Gold Fund, which seeks to achieve a long-term capital growth particularly investing in global gold companies’ securities.
Old Mutual Wealth clients will also soon have access also to the Investec Global Multi Asset Income Fund.
Gianluca Maione, country head Italy at Investec AM, said : “We are pleased to extend our collaboration with Old Mutual Wealth. This agreement strengthens a partnership consolidated over the years and allows us to make our investment strategies available to a wide range of customers both retail and institutional, further steading our presence on the Italian market.”
Gianroberto Ratti, head of Products and Investment, Old Mutual Wealth, commented: “Diversification is the key word in our offering. The agreement signed with Investec AM enables us to extend our platform, allowing clients to get exposure to a wide range of management capabilities and build the investment solution that best meets their needs”.