FinecoBank teams up with Fidelity International to boost investment offering

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FinecoBank today announced the expansion of its investment products with new set of funds from the Fidelity International. The development will enable Fineco’s clients to access a variety of investment strategies and asset classes. The Bank recently announced a partnership with Algebris, Aberdeen Standard Investments, M&G Investments and Columbia Threadneedle Investments.

Paolo Di Grazia, deputy general manager, Fineco said, “With an addition of Fidelity, we take another large step forward in achieving our ambition to provide world class selection of funds that meet all our customer needs. We are focused on expanding our investing platform this year and our goal is to offer UK customers access to more than 70 investment houses with over thousands of products within the next year.”

Fineco provides an integrated offering providing trading, banking and investing services via a single account in up to 13 standard currencies.

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.

John Clougherty, Head of Wholesale, Fidelity International said, “Investing requires a continuous research commitment to build a deep understanding of what is driving industries and individual businesses. At Fidelity, we provide world-class investment solutions which are underpinned by our global in-house research team. I’m pleased we can now extend this offering to Fineco’s clients who will benefit from our global analyst network, where locally-based research teams can uncover investment ideas others might miss.”