FinecoBank has announced the expansion of its investment products with a suite of funds from Capital Group.
With the new funds from global asset management firm Capital Group, Fineco clients in the UK now have access to a wide variety of investment strategies and asset classes including Capital Group New Perspective Fund (LUX), a global equity offering launched over 45 years ago, and Capital Group Global High Income Opportunities (LUX), a fixed income fund with a track record spanning 21 years.
The Capital Group announcement follows partnerships with Fidelity Investments, Aberdeen Investments, M&G Investments and Columbia Threadneedle Investments in the last year as the company builds out its investment offering.
Paolo Di Grazia, deputy general manager, Fineco:
“Capital Group is one of the largest and most experienced investment companies in the world and we are delighted to be able to offer our UK customers an increasing suite of investing options. Our continued expansion of the offering available to UK clients is part of our mission to provide Fineco customers access to the best investments at competitive prices.”
Trading, banking and investment all under one roof
Fineco launched in the UK just over two years ago with an integrated offering providing trading, banking and investing services through a single account in up to 13 standard currencies.
Chris Miles, Managing Director, Financial Intermediaries, UK, Capital Group, said:
“We have been working with FinecoBank for a number of years in Italy and are delighted to expand our partnership to the UK. At Capital Group, our approach is to build enduring and meaningful partnerships with leading financial intermediaries like FinecoBank through whom we can serve more investors. We look forward to offering our focused range of actively managed funds to FinecoBank and helping its clients to achieve their long-term investment goals.”