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

The latest offerings in investments, such as funds and structured products, and other notable developments.
Union Bancaire Privée
Union
Bancaire Privée, the Geneva-based private bank, has partnered
with Fasanara Capital, a credit-focused investment business, to
launch an impact investment fund.
The new offering is called the Trade and Receivable Finance Fund,
a “real-economy impact investment solution,” UBP said in a
statement last week.
The fund aims to deliver absolute returns with very low
volatility and correlation to markets in an open-ended,
income-distributing alternative fund format. It mainly holds
short-term, investment-grade, corporate trade receivables and
digital invoices bought from small- and medium-sized enterprises
from around the globe with a core emphasis on Europe.
Fasanara Capital
Fasanara
Capital 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.