Allfunds Bank has signed an agreement with Geneva based Decalia Asset Management to distribute the funds of the firm in Italy.
Under the deal, Allfunds Bank becomes primary distributor of the Decalia Sicav in Italy and includes Decalia’s sub-funds in Allfunds Bank’s institutional platform used by wealth managers and funds of funds.
The Decalia funds that will be distributed through Allfunds Bank’s sub-distributors network are two equity funds dedicated to consumer trends (Decalia Silver Generation and Decalia Millennials), two multi asset funds focused on quest for yield (Decalia Active Allocation and Decalia Conservative), and the firm’s European Conviction equity fund, which aims to exploit the inefficiencies of European markets.
“The agreement with Allfunds Bank will strongly accelerate Decalia’s development in Italy”, said Xavier Guillon, partner and head of Decalia Funds.
“Moreover, this agreement will allow Decalia to enter the private banking advisory market, which constitutes an important focus of our business strategy,” added Jurgen Mahler, head of Decalia Funds Italia. “It will also strengthen our presence in wealth management and in Italian fund of funds.”