Italy ready to start its recovery, Anima SGR predicts

In 2013 Italy’s macroeconomic scenario is set to improve significantly, confirming current market trends which see a search for higher returns than the one offered by government bonds, according to Armando Carcaterra (pictured), chief investment officer at Anima SGR.

The end of 2012 was extremely positive for both equity and bond markets, despite the macro and political outlook in Europe, and the new year has confirmed the positive trend, the officer said.

The same trend has been confirmed in the first weeks of 2013. According to Anima SGR, this market sentiment is likely to trigger a shift from bond to equities from both retail and institutional investors.

Carcaterra also expects Italy to be back in the growth zone in 2013, with positive indicators also coming from Germany and France.

Economic indicators, such as entrepreneurial expectations, seem to suggest that the Italian economy is going towards a stabilization phase which will become clearer from the second quarter on.

preloader
Close Window
View the Magazine





You need to fill all required fields!