OREANDA-NEWS. Expert RA Rating Agency (RAEX) downgraded reliability and service quality rating of UK April Capital (former UK Alliance Investitsii) from A+ ("Very high level of reliability and service quality") to A ("High level of reliability and service quality"). The outlook is changed from "negative" to "stable". The stable outlook means the likelihood of mid-term rating stability is high.

The Company's rating was positively influenced by high level of the investment process and risk management organization, high results of managing market portfolios, high level of financial information transparency.

The Company's running at a loss, reduction of equity, medium narrow client base and shrinkage thereof were highlighted among the rating-restraining factors.