DECALIA strengthens its presence in Italy thanks to a distribution agreement with Banca Generali Private
Banca Generali Private, the private banker network of the leading private bank in Italy in financial planning and asset protection for clients, will distribute the UCITS thematic funds of DECALIA Sicav, managed by DECALIA Asset Management.
The agreement appoints Banca Generali Private as the placement agent for DECALIA SICAV in Italy through Allfunds Bank and places DECALIA’s thematic equity funds under Luxembourg law, authorised and distributed in Italy, in the range of products available to the network of private bankers and wealth managers of Banca Generali Private.
The range of DECALIA theme funds dedicated to consumer trends includes the global DECALIA Circular Economy equity fund, the world’s first UCITS equity fund totally dedicated to the theme of the Circular Economy, DECALIA Millennials, which invests in the disruptive consumer behaviour of the Millennials generation, and the European DECALIA Silver Generation equity fund, linked to the trend of longevity in Europe.
“This is the first step in a long-term relationship,” comments Xavier Guillon, Partner of DECALIA and Head of DECALIA Funds. “We appreciate the opportunity to share the investment themes of the Circular Economy, Millennials and Longevity with the network of Banca Generali Private“.
“We are pleased that Banca Generali Private has selected DECALIA funds with high added value and very distinctive thematic investment strategies“, adds Jurgen Mahler, Sales Director of DECALIA Asset Management SIM, “This step represents a strong acceleration of DECALIA’s mission for financial advisory in Italy“.
Thanks to this distribution agreement, Banca Generali Private joins the current distributors of DECALIA Asset Management in Italy. To date, DECALIA funds available on the Italian retail market are distributed through agreements signed with Banca Albertini, BIM Private Bank, Banca Leonardo, Banca Profilo, Online SIM, Invest Banca (and other sub-investors appointed by the Allfunds Bank, MFEX and Online SIM platforms).