Italy’s Banca Generali will distribute funds of French asset manager La Financière de l’Echiquier.
The agreement provides direct access to a range of funds from the asset manager for the financial network and private bankers of Banca Generali.
The range of 12 mutual funds, which are mainly equity and balanced investment vehicles, will allow risk-averse investors to take “the most appropriate solutions according to their needs”.
Following the agreement, La Financière de l’Echiquier continues its strategy for growth in Italy and further strengthens its focus on private and retail customers, said Paul Sarno, country manager for Italy at La Financière de l’Echiquie.
“We are confident that our offer, which aims to emphasize the long-term capital, can adequately support the needs of Banca Generali’s customers,” Sarno said.