European Distribution Services has been created by E.B.N. European Business Network Marketing & Services, a German based business which has trading agreements with a number of insurance providers. EDS aims to introduce, through these existing relationships, distributors to fund houses, while also allowing intermediaries to profit from fund companies at the same time.
EDS said at launch it already has outlets and partners able to open doors to leading distributors, networks and platforms as well as institutions and family offices in many parts of Europe. Its main areas of strength currently involve partners based in Germany, Austria, Belgium, Switzerland, Italy and Spain.
An Austrian based partner of EDS, Andrew Stones, said: “There are a huge number of funds effectively competing for the same business.
“Through our huge network of contacts, EDS is actually able to match providers to investors without the usual complicated and lengthy communications.”
