Italian investment firm Copernico SIM has signed a distribution agreement with Goldman Sachs Asset Management (GSAM) that will offer its clients higher diversification.
Through the agreement, Copernico SIM will distribute GSAM´s harmonised Ucits funds range in Italy.
Gianluca Scelzo, Copernico SIM´s chief executive, said: "Two decades after the first distribution agreements were signed, Copernico SIM continues beting on the search for management firms focusing on specific investment fields. GSAM is an ideal partner in this respect. This agreement will enable us to improve once again the possibilities of diversification and the efficiency of our clients portfolios."