Directa SIM, agreement with LGIM for the distribution of core and thematic ETFs

Directa SIM agreement with LGIM for the distribution of core

(Finance) – Legal & General Investment Management (LGIM), one of the largest asset managers in the world, has signed a agreement with Direct SIM, a company active in online trading and listed on Euronext Growth Milan. The more than 60,000 customers of the online broker will be able to purchase one selection of core and thematic ETFs listed on the ETF Plus segment of Borsa Italiana by LGIM without any commission costsfor a minimum order of 1,000 or 2,000 euros based on the selected ETF.

“Directa continues ad expand investment solutions for families, adding this new facilitation to invest conveniently in a very particular range of well diversified ETFs such as those issued by LGIM”, he commented Vincenzo Tedeschimanaging director of Directa SIM.

“We are very satisfied with the partnership signed with Directa SIM. It is in fact a further step in our development plan on the Italian market which increasingly looks not only at the institutional market, but also at the intermediation market”, he declared Giancarlo SandrinCountry Head of LGIM for Italy and Spain.

(Photo: Photo by m. on Unsplash)

tlb-finance