Aleph Finance Group Plc [MLALE.EUA] is active in investment management and the provision of financial and insurance services to wealthy and institutional clients.
After its debut on Euronext, the company aims to expand its business with the entry of a new strategic investor. The new investor is UCapital, relative majority shareholder of UCapital24, the world’s first economic and financial social network.
The UCapital group also includes UCapital Investment, a financial advisory company specialising in quantitative financial management for professional and institutional clients and in investment banking and M&A activities. Founder and Chairman Gianmaria Feleppa says: “Our goal is to create the most important and innovative fintech group in Europe.
According to Aleph CEO Andrea Sprizzi, “The partnership with UCapital has a strategic value, allowing Aleph to access the technologies, expertise and network of relationships developed by the UCapital group companies in recent years and contribute with alternative investment products and services. We live in a context where bond investments in many cases have negative returns, so it is logical that we are starting to look more at high yield for bonds, greater exposure to equity, mid-small caps, as well as the strong return of interest in online trading and algorithmic trading strategies”.
UCapital and Aleph will develop a network of financial operators active throughout Europe.