FinecoBank adds funds from AXA Investment Managers

By Megha Bhattacharya

FinecoBank today announced that funds from AXA Investment Managers (AXA IM) are now available on its investing platform. The addition of funds from the asset manager is expected to further strengthen Fineco’s ESG offering, and enable its growing customer base in the United Kingdom greater access to a range of sustainable investing products.

Paolo Di Grazia, deputy general manager, Fineco said, “Responsible investing is becoming increasingly important to our customers, and this is why it is so important that we continue to partner with asset managers that are committed to driving environmental and social change through their investments. We know that the introduction of AXA IM will be highly welcomed by our customers, especially with the added benefit of Fineco’s competitive and transparent prices.”

Recently, FinecoBank announced that its new ISA will be available to savers, enabling them to benefit from the company’s new stocks and shares ISA with competitive fees, based on the exact value saved, up to a maximum of 0.25%. Fineco has recently launched a new offer – when opening a Fineco Stocks and Shares ISA or transferring an ISA between 3 March and 30 June, access Fineco’s ISA investment platform with zero fees until the end of the 2021/2022 tax year (5 April 2022).

John Stainsby, Head of Core Client Group UK, AXA Investment Managers, said, “We are delighted to offer funds from our UK range to Fineco’s customer base, so they can tap into 20 years of our responsible investing experience. Half of all new funds launched in the UK now have some form of ESG built into the investment process. ESG is no longer an industry trend, it is the new normal, and a basic requirement for a growing number of investors.”