Italy’s M&G hires sales manager

M&G Investments’ Italian branch has appointed Nicola Mutinelli, previously relationship manager at Anima SGR, while communication officer Lorna Neri has been promoted to business development manager.

Mutinelli will report to M&G’s Italy director Matteo Astolfi, while Neri will take the lead on a number of distribution partners.

M&G sees Mutinelli’s appointment as part of the strategy aimed at strengthening M&G’s presence in the Italian distribution networks. Mutinelli has previously worked as relationship manager for independent asset manager Anima SGR, where he took care of relationships with Italy’s main distribution networks.

Matteo Astolfi, director of Italy M&G Investments, commented: “We are expanding our presence in Italy, as 2013 seems likely to be another record year for our revenues. Moreover, we have established new relationships with more than 10 retail distributors and we are sure that Nicola will contribute significantly to M&G’s new phase.”

At the end of June 2013, M&G Italy branch’s AUM stood at €6.6bn.

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