Europe’s recovery is booming, but is inflation here to stay?

In breve

Mauro Valle, head of fixed income at Generali Investments Partners S.p.A. Società di gestione del risparmio and manager of the GIS Euro Bond fund range, discusses why he is cautious on inflation risk and why the outlook is positive for Italian government bonds.

MARKETING COMMUNICATION FOR PROFESSIONAL INVESTORS IN ITALY, FRANCE, GERMANY, SPAIN, PORTUGAL, AUSTRIA

Tantrum-free taper…

The European Central Bank’s announcement on 12 September that it will slow the pace of its pandemic bond-buying programme in Q4 of 2021 was widely expected by markets, and the reassurance of Christine Lagarde’s message that this is a “recalibration” not a taper meant the central bank was able to dial down its level of stimulus without provoking an immediate market crisis.

 Download the full article

Mauro Valle: is inflation here to stay?
Mauro Valle

Mauro Valle

Head of Fixed Income at Generali Investments and manager of the GIS Euro Bond fund range

Picture

© Generali Investments, tutti i diritti riservati. Questo sito web è fornito da Generali Investments Holding S.p.A. in qualità di holding delle principali società di gestione del risparmio del Gruppo Generali che detengono, direttamente o indirettamente, la maggioranza delle partecipazioni nelle società sotto elencate (di seguito, congiuntamente, "Generali Investments"). Questo sito web può contenere informazioni relative all'attività delle seguenti società: Generali Asset Management S.p.A. Società di gestione del risparmio, Infranity, Sycomore Asset Management, Aperture Investors LLC (inclusa Aperture Investors UK Ltd), Plenisfer Investments S.p.A. Società di gestione del risparmio, Lumyna Investments Limited, Sosteneo S. p.A. Società di gestione del risparmio, Generali Real Estate S.p.A. Società di gestione del risparmio, Conning* e tra le sue controllate Global Evolution Asset Management A/S - incluse Global Evolution USA, LLC e Global Evolution Fund Management Singapore Pte. Ltd - Octagon Credit Investors, LLC, Pearlmark Real Estate, LLC e Generali Investments CEE. *Comprende Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc. e Goodwin Capital Advisers, Inc. (collettivamente, "Conning").