Asset management group La Française has reached an agreement with Italian independent financial operator Banca Sistema aimed at expanding its business across Italy.
The agreement will see Banca Sistema distributing La Française’s range of financial products authorised and distributed in Italy through the funds’ platform Online Sim.
La Française Italy country head Luigi Brunetti, said: “The agreement with a quality and dynamic player like Banca Sistema is part of our growth strategy in Italy. We want to expand the agreements in place with the best Italian companies to ensure that an increasing number of investors have access to our range of funds.”
La Française, led in Italy by Luigi Brunetti, currently has over €66bn in assets under management.
Banca Sistema, with main offices in Milan, Rome, and London, is an independent financial operator with a diversified business model. Its main objectives are: supporting corporate entities in their business dealings with the PA’s, acting as a bridge between the public and private sectors, as well as offering companies and private customers easy access to up-to-date and simplified banking services, paying particular attention to a country and entrepreneurs which are in a growth phase.