Italy
Two private equity funds have jeopardized a deal being brokered by Mediobanca, the Milan-based investment bank, to rescue Fondiaria-SAI, a loss-making insurance group with asset management and real estate interests.
20 Feb 2012Italian and Swiss officials are once again in talks about a tax treaty aimed at preventing the use of Swiss banks across the border as a tax haven.
17 Feb 2012Inflows to the fund management sector in Italy in the fourth quarter of 2011 have dropped by €24bn to arrive at a total of just under €938bn, according to data from Assogestioni, the Italian fund management association.
17 Feb 2012Consolidation resulting from the current market turmoil is reshaping the fund management scene in Italy.
16 Feb 2012Azimut Holding, the leading independent asset manager in Italy, has reported inflows of €119m for January, of which €113m comprises managed assets.
10 Feb 2012If Portugal, Italy, Ireland, Greece and Spain exit the eurozone there would be a 25% rise in the euro against the dollar, a 40% drop in the euro yield curve, a 20% drop in euro equities and a 15% drop in US equities, according to research from Sungard.
03 Feb 2012Italian asset managers believe the risk of a break-up of the Eurozone is too small to influence their portfolio construction, according to a Reuters survey of 13 asset managers operating in Italy.
30 Jan 2012Buying Italian debt is ‘dangerous’ but ‘attractive’, says former hedge fund manager George Soros, a veteran of many globally critical investment decisions.
27 Jan 2012US dollar weakness, emerging markets strength and markets that have priced in bad scenarios were three key themes as the global chief investment officer of Credit Suisse's private banking arm explained the bank's macro and market view of the world in 2012 and beyond.
27 Jan 2012The reform of the Italian economy is critical to the survival of the euro. But success also depends on external factors out of the Italians’ control.
26 Jan 2012UniCredit, Italy’s biggest bank by assets, has offered to buy back as much as €3bn ($3.9bn) of Tier 1 and Tier 2 bonds as part of its plan to boost its capital structure.
25 Jan 2012Face à l’annonce de l’abaissement des notations souveraines européennes, les commentateurs ont souvent adopté une focale française, dit La Française AM. Or les investisseurs institutionnels sont également confrontés au changement de notation de l’Italie.
25 Jan 2012Goldman Sachs Asset Management's chairman says the European Central Bank's announcement it would provide easier three year liquidity for banks in December has "dramatically reduced the the chances of a systemic banking crisis" in the region.
23 Jan 2012The European Central Bank's willingness to give European banks unlimited three-year liquidity backed by lower grade securities, could increase centralised funding of the sector by between €150bn and €400bn in February, says Morgan Stanley.
19 Jan 2012Italy could be downgraded by a further two notches, said a senior Fitch Ratings director in Milan. Fitch had earlier said that it could cut Italy’s rating at the end of January.
18 Jan 2012Regions
Print Edition
The Chinese Year of the Dragon promises drama across the world, yet the opening weeks of 2012 are throwing up some surprising investment opportunities.
Events
InvestmentEurope's country specific forum for Sweden takes place in Stockholm on 24 April 2012
InvestmentEurope's country specific forum for France takes place in Paris on 22 May 2012.