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What's New In Investments, Funds? - UBP, Fasanara Capital

Editorial Staff

30 November 2020

Union Bancaire Privée
is a London-based institutional asset manager; it concentrates on the European market of fintech-originated receivables. The company has more than €1.4 billion ($1.67 billion) in assets under management, mainly in the alternative credit and European digital factoring space. 

“Trade and receivable finance, also known as factoring, is one of the key pillars of European commercial finance, with near €2 trillion of financing volume or 11 per cent of EU GDP,” Francesco Filia, CEO at Fasanara Capital, said.

“As commercial banks withdraw to focus primarily on large corporates, alternative sources of stable funding are badly needed by European SMEs. Institutional investors have both the need and the opportunity to diversify away from public bonds and equities, and fill the gap,” Filia added.