Fineco Expands ESG Investment Offerings with Addition of AXA IM Funds on its Platform
FinTech bank Fineco announced that funds from AXA Investment Managers (AXA IM) have been made available on its investing platform, in a move the company says will further strengthen its ESG offering for customers.
AXA IM, part of AXA Group, is a responsible asset manager, with ESG integrated into more than 90% of its core assets across equity, fixed income and multi-asset. The company is a leading investor in green, social and sustainable markets, managing €555 billion of ESG-integrated, sustainable and impact assets.
According to Fineco, the addition of AXA IM funds to its platform will provide its growing customer base in the United Kingdom with greater access to a range of sustainable investing products. Fineco has recently added several sustainability focused funds to its platform, from companies including NinetyOne, Candriam, and Robeco.
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.”
John Stainsby, Head of Core Client Group UK, AXA Investment Managers, added:
“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.”