UniCredit expands onemarkets Fund to CEE, eyes Romania

The onemarkets Fund is a family of funds that bolsters investment solutions for UniCredit customers across the lender's core markets, UniCredit Bulbank said in a statement on Monday.

Developed in-house and through partnerships with asset managers such as Amundi, Allianz Global Investors, BlackRock, Fidelity, J.P. Morgan, Pictet and PIMCO, the funds offer a range of custom investment opportunities. They are managed by experts, ensuring quality and aligning with specific risk-return profiles throughout the investment cycle, UniCredit Bulbank said.

"Alongside our world class business partners, onemarkets immensely increases our offering to the customers in Central and Eastern Europe, increasing their choices and opportunities to diversify their investments. It is a real game changer, a perfectly orchestrated new way of fund management that sits hand in hand with our strategy," UniCredit head of Central and Eastern Europe (CEE) Teodora Petkova said.

The onemarkets Fund follows the bank's UniCredit Unlocked strategy and its goal to generate sustainable, capital-light revenues with a client-centric approach. The funds family reached over 3 billion euro ($3.3 billion) in assets under management in Italy, Germany, and Austria in its first year.

($ = 0.9201 euro)