Fineco adds East Capital equity funds to online platform
FinecoBank, asset management arm of Italy’s UniCredit Group, announced today it will add to its online platform ‘fund center’ some funds branded by independent asset manager East Capital.
Fineco will initially distribute two equity emerging market funds: East Capital (Lux) Russian Fund and East Capital (Lux) Eastern European Fund.
The Russian fund offers exposure to economic growth in Russia and ex-URSS countries with a combined growth and value approach. The fund was initially launched in 1998.
The Eastern European Fund invests in Eastern European equities, selecting investments across countries, industries and companies.
Fineco’s fund center offers over 4000 funds managed by 60 asset managers. On the platform, clients can access information on each fund. About 1300 funds offer a zero-fee subscription policy.
The company’s network has 2300 financial advisers across Italy.