United Bankers’ dotterbolag UB Asset Management startar distributionssamarbete med POP Banking Corporation
United Bankers Plc publishes its official Company announcements and press releases in Finnish. This is an unofficially translated version of the press release published on 9.11.2017 at 9.30 am in Finnish. If there are contradictions between the language versions, the official Finnish text applies.
Cooperation agreement signed between United Bankers subsidiary UB Asset Management and POP Banking Association
UB Asset Management Ltd, a subsidiary of United Bankers Plc and POP Banking Corporation, have on November 9, 2017 signed a cooperation agreement on the distribution of selected UB funds in the POP Banks. The funds covered by the agreement focus particularly on real asset investments such as forest, real estates and infrastructure where UB is a pioneer even in the Nordic countries. UB’s real asset funds have also been successful in international fund comparisons.
The co-operation agreement includes all 26 member banks of the POP Banking Association, which have a total of 85 bank branches across Finland.
”The signed agreement is a major step for United Bankers to deepen cooperation. Adding UB’s high-quality funds to POP Bank’s offerings will further improve the range of services offered by banks. POP Banks, on the other hand, offer UB through its branch network an important distribution channel that will enable us to reach 250,000 customers”, says Jani Lehti, CEO of UB Asset Management.
“According to surveys, POP Banks have the most satisfied customers in Finland. We want to offer our customers not only excellent banking services but also a comprehensive range of different financial products. By bringing United Bankers real asset funds to our clients, we offer them the possibility to invest in a new and very interesting asset class with high quality products”, says Jaakko Pulli, Chief Commercial Officer of POP Banking Association.
For more information, please contact:
Jani Lehti, CEO, UB Asset Management Ltd
email: jani.lehti @unitedbankers.fi
phone: +358 400 940 037, +358 9 25 380 322
Patrick Anderson, CEO, United Bankers Group
phone: +358 400 244 544, +358 9 25 380 236