FinecoBank expands investment offerings with new funds from Capital Group

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FinecoBank today announced the expansion of its investment products with a suite of funds from Capital Group. Fineco’s clients in the UK will now have access to a variety of investment strategies and asset classes including Capital Group New Perspective Fund (LUX), a global equity offering and Capital Group Global High Income Opportunities (LUX), a fixed-income fund.

Paolo Di Grazia, Deputy General Manager, Fineco said, “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.”

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.

FinecoBank is a multi-currency bank and a European FinTech bank. It has built an integrated business model proposing customers its One-Stop-Solution. It offers from a single account banking, credit, trading, and investment services through innovative transactional platforms developed with proprietary technologies.

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.”