In a joint announcement, the companies said 34 Threadneedle funds would be offered by Deutsche.
The range includes Threadneedle’s Pan European Fund, European High Yield Bond Fund and the American and American Select funds, as well as absolute return strategies and small products.
Threadneedle, which has global assets under management of some €79bn, already has a presence in Italy, having first entered the market directly in 2008. Deutsche said the deal was in line with its open architecture approach, highlighting it has similar agreements with 15 other investment managers.
Threadneedle and Deutsche Bank have signed an agreement for the distribution of 34 Threadneedle funds through Deutsche Bank in Italy.
Alessandro Aspesi, country head of Threadneedle for Italy, said: “Deutsche Bank is one of the most significant global financial groups and benefits from an extensive network in Italy.
“This agreement demonstrates the demand for our funds and also confirms Threaneedle’s strategy to continue its development in Italy, one of Europe’s most important markets.”
