Shortly before our Q3 results, we celebrated the fourth anniversary of our onemarkets platform: a remarkable journey from the launch of a new family of funds in 2022 to a distinctive pan-European asset management and investment platform today, serving clients across our markets.
In just four years, our onemarkets platform has evolved from a bold idea into a significant growth driver for our bank, with our internal factories surpassing €63 billion in assets under management and onemarkets funds up 74% year-on-year and 48% year-to-date. Our offering has expanded across a range of internally-managed strategies: funds, certificates, actively managed certificates (AMCs), exchange-traded funds (ETFs), private markets solutions, actively managed individual portfolio solutions (IPSs) for CEE and internal insurance funds in Italy.
Building a platform at scale
The growth of onemarkets has been driven by a deliberate strategic decision to progressively shift from delegated funds towards internally managed solutions, allowing us to bring more of the investment value in-house and create greater value for clients and the Group. These solutions are built on UniCredit’s distinctive strengths, combining best-in-class product manufacturing, deep market expertise and our powerful local distribution networks.
This approach has allowed us to strengthen our asset management capabilities and deliver a growing range of proprietary investment solutions to clients across Europe.
The past year marked another important step forward. Highlights included the launch of seven new onemarkets ETFs, the introduction of onemarkets Alternatives, the relaunch of the onemarkets digital platform and website, and the roll-out of a bold new brand identity across markets. At the same time, our strategic partnership with Alpha Bank helped onemarkets exceed €2 billion in AUM in Greece, demonstrating the scalability of the platform and the strength of our partnership model.
Accelerating the next phase of growth
While the first four years were focused on building scale, capabilities and a distinctive market position, the next phase is about pursuing further growth opportunities. In line with this, we continue to expand the reach of the onemarkets platform, broadening the offering and identifying opportunities in areas where client demand remains underserved.
One recent example is the launch of onemarkets Alternatives, expanding the platform beyond traditional listed investments to include access to private market opportunities. The move reflects structural shifts in the investment landscape, with alternative assets expected to grow significantly faster than traditional public markets over the coming years. As clients increasingly look to diversify portfolios and decorrelate away from the volatility of public markets, the expanded offering reinforces our ability to anticipate evolving client needs and further strengthens onemarkets as a key pillar of UniCredit’s investment solutions strategy.
"Launching the onemarkets family of funds was one of the first decisions we took when building out our Individual Solutions product factory four years ago. Our ambition was to combine the scale and expertise of the Group with insights from across our unique pan-European distribution network to develop investment solutions that directly address clients' needs. The impressive growth of the platform to date is testament to the strength of that vision. We are now taking this model further, expanding our offering through ETFs, alternatives and other strategies - demonstrating our ability to consistently find new ways to create value for our clients."
Richard Burton, Head of Group Client Solutions
Continued innovation will remain at the heart of our strategy, with further growth driven by investment solutions and strategies aligned with clients' evolving needs, including funds, ETFs and alternative investments.
"Four years after launch, onemarkets has established itself as a distinctive investment platform and stands as proof of UniCredit's ability to innovate, execute and deliver at scale. Our success reflects the expertise and commitment of our people, the strength of our partnerships and the effectiveness of our distribution model. Most importantly, it is the result of the collaboration and dedication of colleagues across the Group, who have helped turn an ambitious vision into a leading investment platform. We are proud of what we have achieved together and look forward to building on this momentum in the years ahead."
Chicco di Stasi, Head of Group Investment Product Solutions and Head of Equity & Credit Sales & Trading