Disclaimer

Important information

Please carefully read this important information. It contains legal and regulatory notices relevant to the information contained in this website and in content prepared by Algebris Investments (the “Content”).

The distribution of this Content may be restricted in certain jurisdictions. The information is for general guidance only, and it is the responsibility of any person or persons in possession of this Content to inform themselves of, and to observe, all applicable laws and regulations of any relevant jurisdiction. This Content is suitable for professional investors only. You should not rely on the views and information in this Content when making investment decisions. The information contained in this Content is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This is a marketing communication.

This Content has been prepared by Algebris on the basis of information sources and analysis believed to be reliable as at either the time such content was posted or otherwise at the date disclosed. Views and opinions are Algebris’ only and may change. Algebris is under no obligation to update such information, and Algebris’ views and opinions may change. Algebris uses all reasonable skill and care to ensure information is accurate. However, errors or omissions may occur that are outside of Algebris control, such as unauthorised access to this internet service, or the effects of machine, software or operator error or malfunction in connection with data transmission.

Under no circumstances should any part of this Content be construed as an offering or solicitation of any offer. Any reference to individual investments should not be taken as a recommendation to buy or sell. To the fullest extent permitted by law, Algebris accepts no liability for any loss or damage which may arise from the access to, use of, or reliance on the content of or information contained in this Content.

Otherwise than as specifically set out, the information in this Content must in no circumstances be copied, reproduced or redistributed in whole or in part. You may download or print copies of some of the documentation contained in this Content for your own private use only, provided that you do not change any copyright, trademark or other proprietary notices. All intellectual and other property information contained in this Content shall continue to be held by us and no rights of any kind in it shall pass to you.

Nothing in this Content should be construed as being personal financial advice. Algebris does not offer investment advice. The information contained herein is not intended to provide, and should not be relied upon for accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the issues discussed herein.

Performance information

Past performance is not a guide to future performance and may not be repeated. The value of shares can go down as well as up and is not guaranteed. Changes in rates of exchange may also cause the value of shares to fluctuate. Because of this, an investor is not certain to make a profit on an investment and may lose money. Past performances are shown gross of taxation.

Links to other Websites

In this Content you may be offered automatic links to other non-Algebris websites. Algebris does not accept any responsibility for the content of those web sites or your use or inability to use such websites, the owners of which do not necessarily have any link, commercial or otherwise, with Algebris. The inclusion of any link does not imply affiliation, sponsorship, endorsement, verification or monitoring or approval by Algebris of any information contained in any non-Algebris website. You should also be aware that the terms and conditions of such website and the website’s statement relating to the collection and use of your personal information may be different from those applicable to your use of this website.

Use of cookies

Algebris may obtain information about your general internet usage by using a cookie file which is stored on the hard drive of your computer, for the purposes of systems administration and statistical analysis. Cookies contain information that is transferred to your computer’s hard drive and help Algebris to improve this website and to deliver a better and more personalised service to you, including by storing information about your preferences and to recognise you when you return to this website. You may refuse to accept cookies by activating the setting on your browser which allows you to refuse the setting of cookies. However, if you select this setting you may be unable to access certain parts of this website. Unless you have adjusted your browser setting so that it will refuse cookies, Algebris’ system will issue cookies when you log on to this website. For more information, please see our Cookie Policy.

Data protection

See the Algebris Privacy Statement relating to the collection and use of your personal information. Personal information provided by you will be held in confidence by Algebris and will not be passed on by Algebris to other product or service companies except as permitted by the important information or the Algebris Privacy Statement.

Company information

Algebris (UK) Limited, 1 St James’s Market, London SW1Y 4AH, United Kingdom is authorised and regulated by the Financial Conduct Authority with FRN 755971 | Algebris Investments (Ireland) Limited, 76 Sir John Rogerson’s Quay, Dublin 2, Ireland is authorised and regulated by the Central Bank of Ireland with reference number C433985 | Algebris Investments (Ireland) Limited operates in Italy via its Milan Branch (Piazza Duomo, Corso Vittorio Emanuele II, 1, 20122, Milan, Italy) and in Switzerland via its Zürich Office (Weinplatz, 8001, Zürich) | Algebris Investments (Asia) Pte Limited, 9 Straits View, #05-08 Marina One West Tower, Singapore 018937 is a Licensed Fund Management Company with the Monetary Authority of Singapore with company code number J8785 | Algebris Investments (US) Inc., 699 Boylston Street, Suite 1001, Boston, MA 02116, United States of America, is a Registered Investment Adviser with the United States Securities and Exchange Commission with CRD 169236

The above entities may publish Content on or through this website and on Algebris social media pages and profiles.

Contact us

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Recording of calls

Telephone calls to Algebris or any Algebris group entities may be recorded or monitored.

United Kingdom

Algebris Investments is not hereby arranging or agreeing to arrange any transaction in any investment whatsoever or otherwise undertaking any activity requiring authorisation under the Financial Services and Markets Act 2000 (the “Act”). This Content does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase, any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.

This Content is being communicated by Algebris Investments only to persons to whom it may lawfully be issued under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 including persons who are authorised under the Act, certain persons having professional experience in matters relating to investments, high net worth companies, high net worth unincorporated associations and partnerships, trustees of high value trusts and persons who qualify as certified sophisticated investors. This Content is exempt from the prohibition in Section 21 of the Act on the communication by persons not authorised under the Act of invitations or inducements to engage in investment activity on the ground that it is being issued only to such types of person.

Italy

Algebris Investments acts in Italy via a branch of Algebris Investments (Ireland) Limited located in Milan enrolled in the Bank of Italy’s register held pursuant to art. 35 of the Italian Legislative Decree no. 58/98 at no.156 as an EU Asset Management Firm and at no. 346 as an EU AIFM (Registration code 23107).

Germany

Algebris Investments (Ireland) Limited is the Algebris entity responsible for the German and Germany related Content.

This Content constitutes a marketing communication that has not been prepared in accordance with legislation promoting the independence of financial research. Algebris Investments is also not subject to any ban on trading following the dissemination of financial research.

Copyright

Algebris Group comprises Algebris (UK) Limited, Algebris Investments (Ireland) Limited, Algebris Investments (US) Inc. Algebris Investments (Asia) Pte. Limited, Algebris Investments K.K. and other non-regulated companies such as special purposes vehicles, general partner entities and holding companies.

© 2024 Algebris Investments. Algebris Investments is the trading name for the Algebris Group.