Banca March - Crecemos con valores, crecemos juntosNews

• Under the agreement, which is a key step forward in the asset manager's international expansion strategy, March AM's funds will be available through Banco Best, Portugal's largest international fund distribution platform.

• March AM will be adding a series of funds from its Luxembourg-domiciled SICAV, March International, to the Banca Best platform: Torrenova Lux, March Vini Catena, The Family Businesses Fund and Valores Iberian Equity.

March Asset Management (March A.M.), Banca March's asset manager, which has over 6 billion euros in assets under management, has reached an agreement with Banco Best – an online bank which is wholly-owned by Novo Banco – for the distribution of the funds managed under its Luxembourg-domiciled SICAV, March International, in Portugal.

Specifically, the following investment products will be available through the Banco Best platform: Torrenova Lux, March Vini Catena, The Family Businesses Fund and Valores Iberian Equity. Portuguese investors will now be able to access a range of investment funds which all have a proven track record of long-term returns. March Vini Catena, for example, has posted annualised returns of 6.04% over the last three years, and The Family Businesses Fund has gained 7.46% over the same period*.

This agreement is a key step forward in March Asset Management's international expansion strategy, as the Banco Best fund platform – Portugal's largest international fund distribution platform with over 3,000 products – will allow for broader international access to the funds managed under the SICAV March International.

José María Ortega, said: “The agreement with Banco Best will allow us to reach new clients with a view to furthering our growth. As a result of the agreement, Portuguese investors will now be able to access some of March A.M.'s flagship strategies, which have consistently generated excellent results over the long term by implementing a prudent investment philosophy.”

(*) All returns at 30/06/2019