Italy's FinecoBank has signed a distribution agreement with boutique Algebris Investments to include two funds on its platform.
Italy’s FinecoBank has signed a distribution agreement with boutique Algebris Investments to include two funds on its platform.
The two funds are Algebris Financial Credit Fund, investing in debt and financial instruments issued by big global banks among which subordinated bonds, hybrid and Cocos; and Algebris Financial Income Fund, investing in subordinated bonds and stock securities with high dividend yield.
Davide Serra (pictured), CEO and founder of Algebris, said: “We chose Fineco for its innovative and independent approach. We are now able to offer a wider range of savers Algebris’ bond and equity products.”
Carlo Giausa, head of Investment Services at FinecoBank, added: “The agreement allows our clients to diversify their portfolio strategies through high-selected and targeted solutions.”
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