M&G Investments has signed a distribution agreement with Banca Generali which will make its funds available to the bank’s retail networks.
The partnership with Banca Generali will add a selection of M&G funds to BG Stile Libero, the multi-branch policy of the bank.
M&G, which currently holds some €13bn AUM in Italy, also announced the growth of its Italian team with several promotions effective from 1st October.
Lorna Neri was promoted Sales Manager; Marta Moretti and Enrico Zulpo took the role of Client Relationship Managers supporting the sales team.
Matteo Astolfi (pictured), country head of M&G Investments Italy, commented: “Thanks to partners like Banca Generali, our products have a wide distribution throughout the national territory and, at the same time, our team based in Italy has grown singificantly as we have 18 people dedicated to sales management and client relationship”.