This step aimed to unify the business model within the Erste Group in the field of real estate open mutual funds. Both Česká spořitelna, a.s. (the former owner) and Erste Asset Management GmbH are members of the Erste Group.

This change will not have any impact on clients or their existing investments. As a result the name Reico investiční společnost České spořitelny, a.s. will change to Reico investment company Erste Asset Management, a.s.. The change will also affect the names of the managed funds, which will now be called Reico Nemovitostní, an open mutual fund and Reico Long Lease, an open mutual fund.