Algebris Investments’ 2024 Investment Symposium
Algebris Investments’ 2024 Investment Symposium
30 September 2024, 14:30 CEST | Villa Necchi Campiglio – via Mozart 12 (Milan)
Algebris is pleased to invite you to the 2024 Investment Symposium
Agenda
All times are in CEST.
- 14:30 Welcome and registration
- 15:00 Introduction and market views – Davide Serra (Founder and CEO, Algebris Investments)
- 15:30 Algebris’ positioning – Sebastiano Pirro (CIO, Algebris Investments)
- 16:00 Q&A Session
- 16:30 Coffee break
- 17:00 Davide Serra in conversation with Vittorio Colao (Vice Chairman, EMEA – General Atlantic and former Minister for Technology Innovation and Digital transition and Delegate authority for Space for the Italian Government with PM Draghi in 2021-22). Q&A session at the end.
- 18:00 – 22:00 Networking aperitif
Register
To register, please fill the form below. Can’t see the form? Please click here.
Scenario
Credit: a bond picker market
Inflation – although far from the peaks reached in 2022 – remains quite high in both the US and (to a lesser extent) the Eurozone, and growth remains robust; therefore a sustained cycle of cuts by the Fed and ECB seems unlikely. The ECB started cutting rates in June, but will probably slow down unless the Fed accelerates.
Credit has had a great performance in recent months, but the high cost of refinancing is putting pressure on some companies. In addition, elections in the EU have brought European risk back to the markets, albeit not high.
In this scenario, it is important to take a selective approach to credit markets.
Equity: themes for the future
Digitalisation, electrification and urbanisation: these are the trends driven by strong innovation that are helping companies achieve good earnings stability, at a time of good performance of the global stock market which, even in the second half of the year and in the medium to long term, can still offer good opportunities.
In the US, which is under everyone’s eyes due to the presidential elections, reshoring will increasingly emerge as a driver of industrial growth, thanks to the strong push for infrastructure spending, electrification and the evolution of artificial intelligence.
