FinecoBank Announces Addition of BNY Mellon Investment Management Funds

FinecoBank, a subsidiary of Italian largest lender UniCredit, announced the latest addition to its investing platform, funds from BNY Mellon Investment Management.

This new addition follows on from earlier announcements that funds from NinetyOne, Candriam and AXA already joined the Fineco platform this year.

Commenting on this news, Paolo Di Grazia, deputy general manager at Fineco, said: "We are delighted to be able to offer our UK customers more investing options. The introduction of BNY Mellon Investment Management follows a number of announcements in the last month alone - this is part of our continued mission to provide Fineco customers access to the best investments at competitive prices."

"BNY Mellon Investment Management offers the best of both worlds: solutions across every major asset class, backed by the strength, scale and proven financial stewardship of a global financial institution. We are very pleased to now offer Fineco customers access to our wide range of funds, which are all designed to deliver long term value while also helping to progress the world in which we live," added Matt Oomen, global head of distribution of BNY Mellon Investment Management.

As Fazzaco reported earlier, FinecoBank saw record volumes from its UK client base in Q1 2021​. Current accounts increased by around 50% in April 2021 compared to the end of 2020.