WisdomTree has partnered with Moneyfarm to offer its thematic and commodity exchange-traded products (ETPs) on its Italian brokerage platform.
Conto Titoli – the firm’s securities account platform – will hold 40 WisdomTree ETFs and exchange-traded commodities (ETCs), including thematic and precious metal exposures.
The ETFs launched on the platform on 1 July and come as the region continues to see accelerated uptake of the wrapper.
The firm added that full redemption of purchase costs for orders over €1,000 will be made available.
Fabio Zampaglione, chief commercial officer of Moneyfarm, said: "The needs of savers are constantly evolving, in step with technological innovation.
“As Moneyfarm we want to be ready to anticipate them and provide the most efficient response possible, in line with our hybrid, independent, fully digital approach.”
Adrià Beso, head of digital distribution at WisdomTree, added: "Thanks to WisdomTree's innovative and differentiated equity and commodity ETFs and ETCs, Moneyfarm clients can build diversified portfolios that will help them achieve their long-term investment goals.”
WisdomTree now joins six other European issuers, including BlackRock and Vanguard, in making recent inroads into the Italian retail market through partnerships with local trading platforms.
Amundi recently extended its partnership with Scalable Capital, offering ETFs on its platform.
