AXA Investment Managers has made a strategic partnership with Stockholm-based mobile savings and investment platform Dreams, aiming to provide millennials investment services.
Joseph Pinto, Global Chief Operating Officer of AXA IM, says: “We believe that the Dreams app is helping them to better understand the value of saving and investing to achieve their goals and prepare a better tomorrow for themselves, through an innovative and easy client experience.”
Henrik Rosvall, CEO of Dreams, says: “As we expand into the European market, we are proud to call AXA IM our partner. Their extensive knowledge, experience and expertise, and rich product portfolio makes them the perfect match for our offering.”
With AXA IM having 10% in Dreams, the firms looks to provide mutual funds on the Dreams mobile platform, soon across Germany, Belgium, France, Italy, Netherlands and Spain.