Mellon signs distribution deal in Portugal

Mellon Global Investments has signed a distribution deal with Banco de Investimento Global (BIG) for its global funds in Portugal, the latest move in Mellon's expansion into Europe.

Mellon has made steady inroads in to Europe since acquiring UK's Newton Investment Management in 1998. It recently signed a distribution deal with Italy's BNL Investimenti and has also won segregated mandates in the country.

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