UCapital Asset Management receives managed account from “First New York”
UCapital Asset Management LLP, a company of the UCapital group, a global fintech ecosystem active in the finance, technology and media sectors, founded in London in 2017, offices, in addition to the British capital, in Milan, New York and Paris, has signed a managed account agreement with FNY Partners Fund LP, a proprietary pooled investment vehicle based in New York. Through this arrangement, a selection of traders and portfolio managers selected using an innovative program called “UCapital prop” will trade First New York’s capital.
The “UCapital prop” program, broadcast online via the new website ucapitalprop.com*, is designed to identify, train and select the best “heads” capable of developing new investment strategies to create profits in the financial markets. The aim is to enhance as much as possible the personal, emotional and mental characteristics of traders in order to enable them to create consistent profits within the best and most suitable context for their personal needs.
“We are pleased – says Gianmaria Feleppa, ceo and founder of the UCapital Group – to announce the launch of this new relationship, which represents a further evolution of our ecosystem. With our investment company, we want to ride the new evolutions of the financial markets by leveraging our fintech nature. In addition, today we represent a great opportunity for all the most capable traders in Europe who, thanks to us, will be able to fully express their capabilities. With this operation the investment company of our group intends to reach out to institutional and professional clients exploiting its quantitative strategies based on proprietary systems and artificial intelligence models.”
* www.ucapitalprop.com is a website operated by UCapital 24 Ltd, a company held by UCapital 24 S.p.A.