BNL Investimenti has signed its second distribution deal and will now be selling Mellon Global Investments' funds in the Italian market.
BNL Investimenti is the asset management arm of BNL Group, one of Italy's largest banks with over 100,000 clients. The firm signed its first third-party distribution deal with Janus, the US asset management firm, and will be distributing 13 of Janus' global funds to its clients.