Piraeus Bank on Wednesday announced that it has signed a distribution agreement with M&G Investments, a leading international asset manager.
Under the distribution agreement, Piraeus Bank will sell M&G Investments solutions to its customers, including the asset manager’s flagship strategies M&G Optimal Income Fund, M&G (Lux) Conservative Allocation Fund and M&G (Lux) Dynamic Allocation Fund.
M&G is the latest of 14 World-Class Asset Managers with which Piraeus Bank maintains a role as distributor. Its addition will expand the investment product offering of the bank, giving its most sophisticated customers the necessary tools to achieve their investment goals, the bank said.
The asset management arm of Prudential Plc in the UK and Europe, M&G Investments has over 85 years’ experience in managing assets of both institutional and individual clients. It’s headquartered in London, employs over 2,000 people worldwide in 16 countries, and as of December 31, 2017 managed over 298 billion UK pounds (323,8 billion euros) in customer assets.