Italian bank buys RAM AI
The Italian bank Mediobanca has acquired a 69% stake in the Swiss boutique asset manager RAM Active Investments, as part of a strategic drive to make its wealth management activities its “major growth driver”.
The Italian bank Mediobanca has acquired a 69% stake in the Swiss boutique asset manager RAM Active Investments, as part of a strategic drive to make its wealth management activities its “major growth driver”.
Alessandro Viviani of Old Mutual Wealth Italy explains why he is sceptical of managers who claim they are pure stockpickers – and how he his trying to tempt his client’s out of their complete risk aversion.
Investors have been regaining confidence in equity markets after inflows had stalled in August, September fund sales figures suggest.
Here you can see a slideshow of photos taken at Expert Investor Italy, held on October 3rd in Milan.
Political risk in Italy is currently overstated, and government finances are better than markets appreciate. Investors have all the reason to be overweight Italian government bonds, argues David Zahn, head of European fixed income at Franklin Templeton Fixed Income Group.
Most absolute return funds have failed to live up to expectations in recent years. As a consequence, their popularity with Italy’s fund selectors declined somewhat. But Italians’ love for absolute return has flared up once again, for obvious reasons.
The country with the highest level of retrocessions in Europe also was the most lucrative market for active managers in 2016. Little wonder some asset managers believe Mifid II will negatively impact fund sales.
With bond yields at record lows, what to do about fixed income? How should you future-proof your portfolios? And what does the future of the EU hold? These and many more vital questions were discussed at the Expert Investor Pan-European Congress in Rome earlier this month.
Inflation-linked bonds have been a popular trade in recent months, and investors plan to continue buying more as inflation expectations are being revised upwards. But can you really tame the spirits of reflation with inflation-linkers?
Here you can see a slideshow of photos taken at the Expert Investor Pan European Congress, held in Rome on 1-3 March 2017.
Stock markets have responded to the Italian No-vote in an even more muted way than to the UK’s vote Brexit and Donald Trump’s election. Are investors being complacent about the political and economic effects of a vote that was seen as vital for the future of the EU not so long ago, or has the…
European markets were largely unmoved on Monday morning despite the Italian electorate’s decision to reject Prime Minister Matteo Renzi’s call for constitutional reform.