09/18/2008
14.00 p.m
Press Release - Banca Mediolanum
Banca Mediolanum
annonces new agreement with 15 among the world's leading asset managers
Mediolanum continues to pursue its strategy of incorporating third-party asset management expertise in its products through a new, exclusive international agreement with 15 of the most prestigious, qualified and authoritative companies in the asset management industry worldwide.
This agreement will extend the range of products available to customers, providing an opportunity to further diversify their investments in mutual funds, with a wide range of new solutions that can be tailored to the needs, objectives and risk profile of each customer.
Thanks to a newly established partnership between Banca Mediolanum and 15 of the largest Asset Management companies in the world, Mediolanum will include classes of the A.M. companies' mutual funds into its own fund-of-funds. Moreover, a continuous exchange of knowledge, analysis and market intelligence will also be established between the two parties, with the goal of constantly providing customers with the best and most up-to-date opportunities available.
In detail, the agreement introduces 8 new funds of funds in the new "Mediolanum Best Brands" product family, on top of the existing 3 'Global Selection' FoFs, established thanks to an agreement with BlackRock, JPMorgan A.M. and Morgan Stanley I.M. last April.
With the new initiative, the number of A.M. companies involved has grown to 18, and the "Best Brands" product range has been extended to include 5 geographically- and sector-specialised equity FoFs, along with 3 new balanced FoFs.
The A.M. companies participating in this new agreement are: Aberdeen, AllianceBernstein, AXA Rosenberg, BNP Paribas Investment Partners, BNY Mellon Asset Management, Credit Suisse, Fidelity International, Franklin Templeton Investments, Goldman Sachs Asset Management, Henderson Global Investors, Investec Asset Management, Legg Mason, MFS Investment Management, Schroders, T. Rowe Price.
Total assets managed by the 18 companies worldwide amount to USD 12,201 billion.
Milan, September 18th 2008
Roberto Scippa
Media Relations
Mediolanum Group
Tel 02 90492902
Mobile 335 8166556
e-mail gmmedia@mediolanum.it
