March Asset Management (AM), the fund manager of Spain’s Banca March, has reached an agreement with the Swedish Mutual Funds Exchange (MFEX) to distribute its funds through MFEX platform.
The agreement boosts Banca March’s strategy of international expansion. Through it, March AM will join the network of more than 790 managers and 50,000 funds that MFEX distributes across more than 30 countries.
Torrenova Lux, March Vini Catena, The Family Businesses Fund and Valores Iberian Equity, which are all sub-funds of the Luxembourg-domiciled March International Sicav, will be therefore distributed globally.
Banca March exceeded €7bn in assets under management as of the end of July 2017.