In November, US the economy added 266K new jobs, much above expectations. The unemployment rate fell to a record low of 3.5%.Read Now
The UK general election will take place on Dec. 12. Latest polls see the Conservative Party ahead of Labour. However, given the various difficulties in forecasting, the election result is still not a foregone conclusion.Read Now
Edited by the Macro & Market Research Team. The team of 13 analysts based in Paris, Cologne, Trieste, Milan and Prague runs qualitative and quantitative analysis on macroeconomic and financial issues.
The team translates macro and quant views into investment ideas that feed into the investment process.
US and EA momentum in capacity utilization deteriorated together with firms’ margins, ROE and NIPA profits. More recently, flash estimates of Q3 US unit-labor costs growth increased visibly to 3.1% yoy, one of the highest since 2008.Read Now
2019 has seen huge inflows into Fixed Income (FI) funds and outflows from Equities. From a medium-term return perspective this makes no sense. The formidable demand for safe assets reflects cyclical and structural forces (e.g. ageing).Read Now
Environmental, Social and Governance (ESG) investment is taking root within the infrastructure investment community. Infrastructure assets have the potential to bring strong social, environmental and economic benefits to society but they are also particularly exposed to ESG risks.Read Now
Almost ten years of record low interest rates have raised leverage in the non-financial sector as well as investors’ tolerance for riskier and less liquid instruments. As a result, the average quality of corporate debt has worsened.Read Now
L’asset management di Generali diventa una Multi Boutique. La nuova organizzazione della società permette ai clienti di accedere a competenze d’investimento specializzate di gestori selezionati dal Gruppo per conoscenze e talento.Read more
Le groupe Generali affiche de fortes ambitions pour le développement de sa filiale d’asset management, ce qui se répercute sur le marché des conseillers en gestion de patrimoine. Le point avec Carlo Trabattoni, directeur général de Generali Investments Partners S.p.A. Società di gestione del risparmio.Read more