BOV Asset Management has been appointed the official representative of Fidelity International in Malta
BOV Asset Management is now the official representative of Fidelity International in Malta, the CEO of the BOV Group, Kenneth Farrugia, said during an activity organized for all financial intermediaries of BOV Asset Management that took place on Friday. The conference was also addressed by Giordano Lafrate, Sales Manager of Fidelity International and Simon Azzopardi, Chief Wealth Management Officer at Bank of Valletta plc.
When he welcomed the participants, Kenneth Farrugia said, “It gives us great pleasure to be with you today to meet this important milestone.” We are privileged to announce the appointment of BOV Asset Management as the representative of Fidelity Investments International. Speaking about the commercial partnership with Fidelity International, Mr Farrugia said that this will enable the Bank and BOV Asset Management’s appointed intermediaries to provide clients with a wider range of investment products. The product selection will also include a number of sustainable investment funds, which meet the Bank’s ESG ambitions to provide investors with access to sustainable investment products.
In his address, Kenneth expressed his confidence that BOV Asset Management will develop the established relationship with Fidelity International to launch innovative investment solutions in the market to meet the changing investment requirements of its clients with a particular focus on pension products. This proposal supports of the Bank ambition to be the Bank of Choice for him her clients, whether they are personal or corporate. Fidelity’s range of products will be available through the Private Bank division and Investment Centers in Malta and Gozo which are positioned as centers of investment expertise supporting investment needs of the Bank’s customers.
Mark Agius, Head of Asset Management of BOV, emphasized Azzopardi’s comments. that since it was founded, BOV Asset Management has continued to make a significant investment in the professional training and development of its people and systems. “Today, we surpassed the mark of EUR1 billion in assets under management,” he said. BOV Asset Management manages various ‘life cycle’ investment funds as well as investment management for Personal Retirement schemes, Occupational Retirement schemes and Retirement funds.