Post di Generali Investments

As the financial markets navigate the intricate interplay of macroeconomic indicators and geopolitical events, investors can strategically position themselves by balancing risk and opportunity across fixed income, equities, and forex markets. Antonio Cavarero, Head of Investments at Generali Asset Management (part of Generali Investments) shares his latest market view for the short term. 👉 Read the full article

Recent months have seen an extraordinary wave of AI innovation announcements, with some rivalling the impact of the iPhone’s debut, says Anis Lahlou, CIO of European Equities at Aperture Investors, part of Generali Investments. In this article, Anis explains how European equities continue to benefit from the continent’s diverse role as a collaborative driver within the AI ecosystem. Learn more 👉 https://lnkd.in/dDxzcVVP

In our latest Espresso View, Gianluca Bergamaschi, CFA, 𝗛𝗲𝗮𝗱 𝗼𝗳 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 𝗠𝗮𝗻𝗱𝗮𝘁𝗲𝘀 𝗮𝗻𝗱 𝗣𝗠 at Generali Asset Management, looks at how fixed income markets have responded to the ECB’s latest decision to keep rates on hold, the context for a potential September cut, and where he sees bond opportunities in Europe and the US given the increasing possibility of a Trump administration. Our 𝗘𝘀𝗽𝗿𝗲𝘀𝘀𝗼 𝗩𝗶𝗲𝘄𝘀 𝗼𝗻 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 are a series of quick fund manager responses to key market events. Stay tuned for more! https://lnkd.in/dJwuDukX

In our latest Espresso View, Robert MacNaughton, 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗠𝗮𝗻𝗮𝗴𝗲𝗿 𝗮𝗻𝗱 𝗛𝗲𝗮𝗱 𝗼𝗳 𝗨𝗦 𝗖𝗿𝗲𝗱𝗶𝘁 𝗮𝘁 𝗔𝗽𝗲𝗿𝘁𝘂𝗿𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀, part of Generali Investments, examines the positive market reaction to the lower core inflation print released today in the US, and what this means for rate cut projections and high yield credit.   Our 𝗘𝘀𝗽𝗿𝗲𝘀𝘀𝗼 𝗩𝗶𝗲𝘄𝘀 𝗼𝗻 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 are a series of quick fund manager responses to key market events. Stay tuned for more! https://lnkd.in/d2CU7kMY

How have eurozone bonds reacted to the French election results? In our latest Espresso View, Gianluca Bergamaschi, CFA, 𝗛𝗲𝗮𝗱 𝗼𝗳 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 𝗠𝗮𝗻𝗱𝗮𝘁𝗲𝘀 𝗮𝗻𝗱 𝗣𝗠 at Generali Asset Management looks at the immediate and longer-term outlook for euro bond spreads, now that the threat of a far-right or far-left majority government has been excluded. Our 𝗘𝘀𝗽𝗿𝗲𝘀𝘀𝗼 𝗩𝗶𝗲𝘄𝘀 𝗼𝗻 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 are a series of quick fund manager responses to key market events. Stay tuned for more! https://lnkd.in/dwHsRteU

𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 | 𝗚𝗼𝗹𝗱𝗶𝗹𝗼𝗰𝗸𝘀 𝘃𝘀 𝗚𝗿𝗶𝗱𝗹𝗼𝗰𝗸𝘀 The economic story of moderate growth and disinflation smells of Goldilocks, but the politics of gridlocks, say the 𝗠𝗮𝗰𝗿𝗼 & 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗧𝗲𝗮𝗺. Political developments often support thematic financial trends, e.g. the team’s long-standing preference for IG credit over govies. The team explains why they try to avoid falling under the excessive influence of political crises, often the cause of temporary spikes. The French election may be a buying opportunity for OATs, unless a fully split parliament causes stalemate and makes fiscal consolidation impossible. Until the political fog lifts, they are keeping their equity overweight (OW) minimal, and high yield and financial credit neutral. They stay long non-financial IG credit, like play the range in rates, still with a long duration bias. Finally, EMs offer good diversification benefits (both in equities and HY credit), despite near-term dollar strength. https://lnkd.in/d9u4Eke3

Investing in infrastructure allows leveraging market opportunities in decarbonization, energy transition, and digitalization. Infranity, one of Generali Investments' affiliates dedicated to this asset class, surpassed €10 billion in assets under management in six years, underscoring the growing demand for sustainable infrastructure investments (To learn more: https://lnkd.in/d6VQiu_7) Here Filippo Casagrande, Chief Investment Steering and Sustainability Officer at Generali Investments, explains the added value of infrastructure in professional investors' portfolios. Watch the full video 👉