Lyxor Asset Management has signed a distribution agreement with Intesa Sanpaolo Private Banking, the wealth management arm of the Intesa Sanpaolo banking group.
The deal will make Lyxor’s range of alternative Ucits and multi-asset funds available to private banking investors in Italy.
The agreement includes the distribution of seven alternative Ucits funds and two multi asset funds of Lyxor.
Lyxor’s alternative Ucits platform has $2bn in assets under management, having recorded a 30% growth in 2015.
The two multi-asset funds are internally managed by Lyxor with an innovative risk budgeting approach, coupled to proprietary tactical models of trend following and macro signals.
Amber Kizilbash, head of Sales and Client Strategy at Lyxor, commented: “Joining the exclusive range of brands distributed by Intesa Sanpaolo Private Banking is an important achievement for us.
“The selected absolute return strategies that we offer via our UCITS range can fully respond to the specific investment needs of private customers, particularly in the current uncertain market context.”